Wednesday, November 6 has been a date that has been looming with Uber stock since it debuted in May. That day is now here, and a flood of supply is now in the mix. During an IPO, some of the shares of a company get offered for sale at the issue price, which gets bought […]
Under Armour has already been an embattled stock, falling from the over $100 it traded at 4 years ago to hanging around the $20 area since the start of 2017. Things just got worse. When your company is under investigation by the Justice Department for fraudulent accounting practices, and it also has had some pretty […]
RAFI funds look to improve the standard value investing approach by not just investing just because a stock is doing badly. Does this approach improve this strategy enough? We somehow ended up with two different terms to describe stocks, value stocks and growth stocks. When it comes to stocks, the value of a stock and […]
Another rate cut by the Fed, continued optimism for a trade deal, and a job market that continues to expand all have propelled stock indexes to make further all-time highs. Whatever concerns we have had about the bear market ending, employment statistics haven’t been one of them. We might be late in the current cycle […]
Just about everyone was expecting a third quarter point cut in the Fed funds rate during Wednesday’s announcement, but we also got some reassurance of this as well. The Federal Reserve has been known to overreact at times sometimes on the side of being cautious about not wanting to do too much to stimulate the […]
Companies usually go out of their way to put as positive a spin as they can on their results to stroke their stocks. Grubhub just chose to tell the naked truth, and got slammed. Food delivery service Grubhub has had their stock listed for over 5 years now, starting out in March 2014 at an […]
It might be a little hard to understand how Beyond Meat could beat earnings and sales estimates by a lot and still see its stock price tank by 10%. It makes sense though. It often will take quite a while before a newly issued stock starts to show a profit, but Beyond Meat has been […]
Several U.S. fund managers are starting to eye European stocks in spite of how poorly this region has performed for a long time. Is it time for us to start considering them as well? Many people may be familiar with the concept of opportunity cost in economics, perhaps remembering it from a course they may […]
When you have lost money 11 years out of 11, with a 12th being a virtual certainty, taking a quarter off from losing once in a while can really excite some people. You know that a company is popular when you can spend your first 12 years losing money each and every year and a […]
Most companies are coming in ahead of estimates for third quarter earnings, which is due in part to particularly understated predictions. Amazon’s wasn’t set low enough. When your company is worth 888 billion, a single percentage point move in your stock adds up to 8.8 billion. Amazon dropped 8.75 of these when it’s third quarter […]