Late last Friday, Tupperware (TUP) released a grave warning to shareholders about the company’s near future. The company has hired financial advisers to determine the best plan of action in the short term. As a result, the stock has slid more than 48% so far in Monday morning’s trading session. The company is facing [...]
Elevance Health, Inc., (ELV:NYSE), founded in 1944 is based in Indianapolis. It is a health benefits provider that supports health at each life stage, providing health plans and clinical, behavioral, pharmacy, and complex-care solutions that promote members' whole health. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health, [...]
Last Friday (March 31st), Live Nation (LYV) CEO Michael Rapino added another $1 million in company stock to his personal portfolio. Anytime an insider trade like this occurs, people assume it’s for one of two reasons: They know something we don’t and are seeking to capitalize on an upcoming announcement, deal, or another outcome. [...]
Yesterday morning, Alkaline Water (WTER) announced approval by the board of directors for a 15-for-1 reverse stock split. This is effective under Nevada law as of today (April 5). The implications of this move include a dramatic reduction of common stock shares on the market. Before the reverse stock split, 200,000,000 shares of common [...]
This morning, Cardlytics Inc (CDLX) issued a press release raising its forecast for the quarter dramatically. And as a result, share prices followed suit - climbing as high as 62%! Below, we’ll help you determine if this stock is worth adding to your portfolio or if you missed the window. The company, which specializes [...]
Insight Enterprises, Inc. (NSIT:Nasdaq), headquartered in Chandler, AZ is a Fortune-ranked, #360, a company that is a solutions integrator with almost 13,500 employees worldwide engaged in 19 countries helping organizations (e.g., schools, enterprises, governments, and healthcare firms) accelerate their digital journey to modernize their business and maximize the value of technology. The company was [...]
Nikola (NKLA), the electric truck manufacturer that has lost 96% of the value it had at IPO, appears to be poised to fall even lower. The company issued a press release expressing interest in a secondary stock offering to raise another $100 million. It’s also likely that the company will offer a private sale [...]
Kohls (KSS) welcomed a new company leader in February - Thomas Kingsbury. Apparently, the new CEO already likes what he sees at the helm. He (along with other company executives) recently acquired large chunks of company stock. The specific details of Kingsbury’s purchases come out to a total of 229,000 shares. Yesterday alone, though, [...]
It’s been a brutal few years for companies that rely on the chip industry. Automotive and electronics segments have suffered, and it goes without saying that the chipmakers themselves have as well. One such company is Micron Technologies - a Boise, Idaho-based company specializing in the manufacturing of memory & storage chips. But, after [...]
Yesterday, shares of AMC Entertainment (AMC) jumped 20% higher after it was reported that Amazon is interested in acquiring the company. The entertainment company has been through a tumultuous few years since becoming a meme stock during the pandemic, soaring to as high as $37/share at one point. Today, the stock sits at a [...]
