Stocks to sell

Tilray (NASDAQ:TLRY) announced on April 6 that its quarterly earnings ending Feb. 28 finally turned net income profitable. That’s the good news for the No. 1 market share cannabis company in Canada. But it also has bad news, hidden in the details that could keep hurting TLRY stock. So Tilray merged with Aphria last year

Novavax (NASDAQ:NVAX) stock has seen a big plunge from all-time highs of $277. The downtrend seems unabated with NVAX stock trading almost 6% lower in today’s trade. A surge in cases related to omicron subvariant BA.2 is an indication of the point that the pandemic is far from over. However, NVAX stock has not responded

Matterport (NASDAQ:MTTR) stock has not done well so far this year. Shares are down nearly 65% as the disruptive company loses steam, alongside the rest of the tech sector. But there was an interesting announcement recently that could help stem the tide. Matterport is a 3D imaging company that partners with architects, homebuilders and real

Newegg (NASDAQ:NEGG) stock has important strengths and key weaknesses. Newegg — an e-commerce company that focuses on tech — is a profitable, rapidly growing company in an expanding, very promising sector. But on the other hand, it appears to be a meme stock and has become linked to cryptocurrencies at a time when meme stocks

Genius Group (NYSEMKT:GNS) launched out of the gate with an incredible blast Tuesday. GNS stock exploded 408% higher on its first day of trading as a public company. This is quite the surprise, as Genius is not a well-established company. The offering’s lead underwriter, Boustead Securities, is not a top-tier initial public offering (IPO) shop.

At one time, Alibaba Group Holdings (NYSE: BABA) could do no wrong. In fact, between 2019 and 2020, the stock exploded from a double bottom low of $130 to a high of $315.46. Unfortunately, that’s where the stock fell off a cliff to $95.77 — all thanks to a slowing Chinese economy, supply chain issues,

PayPal (PYPL) investors are undoubtedly seeking relief after the company’s disappointing financial report. Yet, that relief is unlikely to come as PayPal will have to deal with a potentially turbulent cryptocurrency market. Investors should sidestep these tricky issues by simply refraining from buying shares of PayPal. Source: Michael Vi / Shutterstock.com It’s no secret that

Spotify (NYSE:SPOT), a leading popular audio streaming subscription service company, will report its first-quarter 2022 financial results on April 27, 2022, before the market opens. Is SPOT stock a buy ahead of earnings? The answer depends on the investment criteria used. If you are looking for a stock with excellent sales growth that has losses of

Norwegian Cruise Lines (NCLH) has come back 42% in the past month. That rebound is exciting, but it may well be an overreaction. The cruise industry has deeper issues than just Covid-related concerns. Source: Nazar Skladanyi / Shutterstock.com There’s little doubt that the pandemic is in a new stage. And that stage has sent Norwegian

Novavax (NASDAQ:NVAX) and other vaccine makers are dropping in anticipation of an advisory panel meeting of the U.S. Food and Drug Administration (FDA) regarding booster shots. This is a panel meeting of outside experts. The topic? To whom and when should a second round of covid-19 booster shots be administered to. The FDA already authorized

So far this year, Disney (NYSE:DIS) stock is down 15%. The market is not pleased with its earnings, negative free cash flow and huge spending on content. That has spilled over to the poor returns for DIS stock. For example, in its fiscal Q1 report for the quarter ending Jan. 1, made $1.15 billion in

MoffettNathanson is the latest analyst firm to sound the alarm on fintech stocks in a report titled, “Fintech: down but not out.” Affirm (NASDAQ:AFRM) is one of the companies under fire, which provides consumers with a “buy now, pay later” option on their purchases. In the year thus far, AFRM stock has declined by over 60%.

New Oriental Education (NYSE:EDU) is up more than 900% today after the stock underwent a one-for-ten American Depositary Shares (ADS) reverse split. The operation did not affect the fundamentals of the education specialist and investors should not get too excited by it. Indeed, after the ADS ratio change, EDU stock trading price was expected to increase proportionally,

Robinhood Markets (NASDAQ:HOOD) stock dropped by as much as 67 cents, or 5.55%, in premarket trading on Friday after Goldman Sachs declared it a sell just nine months after its initial public offering (IPO). And investors should follow that advice. Goldman Sachs Vice President Will Nance said Robinhood’s inability to grow users will hurt its

IMAC Holdings (NASDAQ:IMAC) stock spiked dramatically after their successful pilot program for a new retail concept: The Back Space. The project is located in select Walmart (NYSE:WMT) stores and has the potential for wide-scale expansion. The company believes it will triple its number of stores and be in at least 20 more locations by the

Newegg (NASDAQ:NEGG) has extremely volatile shares that are causing investors a lot of skepticism. In fact, NEGG stock has tumbled nearly 13% today. That’s after having climbed up to 25% higher yesterday. So why is NEGG stock back down today? The best explanation for this wild price swing is the positioning of traders, speculators and

Novavax (NASDAQ:NVAX) stock has dropped to a 52-week low amid fears that the Food and Drug Administration will tighten up vaccine distribution policies. A meeting will be held today in which it will be discussed how vaccine makers could articulate their products to circumstances. The FDA is seeking a more proactive solution from vaccine manufacturers

SoFi Technologies (NASDAQ:SOFI) has been plummeting this week on fears of another pause on federal student loans. Today, the White House extended its moratorium on federal student loan payments through Aug. 31. SOFI stock is so far down about 6% today. Following this, borrowers will be required to start repaying their loans again. In this

After jumping 10.47% on Monday, FuboTV (NYSE:FUBO) has lost almost 7% today. This drop comes days after dropping its lowest-end sports bundle. The leading sports streaming platform has had a rough start to the year, as shares plunged 57% year-to-date. Despite robust top-line growth, FUBO stock has a disappointing bottom line and high costs make

The bloom is off the rose for Digital World Acquisition (NASDAQ:DWAC) stock. The special purpose acquisition company (SPAC) intends to take former president Trump’s new social media company public. And traders rushed to the company in recent months on hopes that it would become a leading alternative to Twitter (NYSE:TWTR). Given Twitter’s policies around blocking users