Text size Workhorse, NIO, Tesla, Nikola, and Tortoise have gained nearly 180% in the past month. Now its shares are trading, on average, 146% above Wall Street’s price targets. When stocks go up like this, they become difficult to value. STR / AFP via Getty Images Shares of an electric …
Read More »Tesla shares soar to record as Wall Street’s biggest bear raises target price
Shares of Tesla Inc. charged higher toward another record on Monday, after even the most bearish analyst on Wall Street raised its target price after the results of deliveries by the electric vehicle maker. NIO Inc.’s rival Tesio of NIO shares, + 23.45% it also shot up to a record, …
Read More »This ‘world-class disruptor’ is the next Netflix and will give shareholders great benefit, says merchant
At the beginning of last week, the shares of Spotify Technology SPOT, + 4.86% took a hit when Guggenheim analyst Michael Morris cut stocks to sell, believing that “the market is now pricing stocks for blue sky growth, which has made the risk reward unattractive “ But that “blue sky …
Read More »Forget about the earnings season. What will the rest of 2020 be like?
Investors will return from a long holiday weekend in the United States on Monday to what could be calm before the storm – a relatively quiet week before a deluge of second-quarter corporate earnings reports is released from July 13. However, most observers are looking at second-quarter earnings as they …
Read More »Lemonade’s CFO says it is digitizing the insurance industry. Its IPO soared more than 100% today.
Text size The New York Stock Exchange welcomed Lemonade, Inc. (NYSE: LMND) on Thursday, July 2, 2020, in celebration of its IPO. To honor the occasion, Daniel Schreiber, co-founder and CEO, and Shai Wininger, co-founder and chief operating officer, along with Chris Taylor, director of listings, perform at the NYSE …
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