As the stock market rotates between positive and negative territory, Rite Aid (RAD) – Get report the shares were firmly in the green. The stock rose 20% on Thursday after its quarterly results. Rite Aid is reaching its highest price since the end of April, and at one point rose …
Read More »Gold and silver penny stocks could be Robinhood traders’ next obsession, says this portfolio manager
Thursday seems weak again for stocks, with concerns of spreading the US virus. USA And unemployment claims in focus. Beating the S&P 500 for a mile has been GCQ20 gold, -0.19%, one of the best performing asset classes of the year, which recently peaked at 8 years, generating bullish predictions. …
Read More »Vitamin seller GNC Holdings files for bankruptcy
GNC Holdings Inc. filed for Chapter 11 bankruptcy protection Tuesday with plans to sell and close up to one-sixth of its 7,300 stores worldwide. The GNC vitamin and supplement vendor, -24.69% He blamed the presentation of the slump in sales due to the coronavirus pandemic, demands from faster payment providers, …
Read More »These are the factors and actions that will help you play in the COVID-19 market.
If we are currently in the first innings of a bull market, as some analysts think, how should you invest? There are big issues to consider: “working from home,” for example. And there are outstanding unique stocks, like Amazon.com Inc. AMZN, -1.16%. But one approach that is in the middle …
Read More »Online reselling appears to be pandemic-proof
Photo: Courtesy of Thredup. One of the most important stories of the Covid-19 pandemic is the devastation of retail, especially of companies that relied on physical sales, many of which have filed for bankruptcy or closed entirely due (at least in part ) to The pandemic. But even though discretionary …
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