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 [...]
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, [...]
Ford had climbed nearly 5% in the past week before yesterday's announcement, in which the company admitted that profitability from the EV business is years down the road. This sent shares back down where they came from - and has investors wondering if it’s worth holding on much longer. In Thursday’s statement, CFO John [...]
Starbucks (SBUX) investors have patiently awaited the overthrow of now-former CEO Howard Schultz - and it appears that the wait is over sooner than expected. New CEO Laxman Narasimhan took the throne approximately two weeks earlier than expected. As a result, he’s going to make his first public address as the company’s leader in [...]
For the past week or so we’ve taken a deep look at Michael Burry’s latest portfolio additions. Many are tracking the famed investor’s moves as the manager at Scion Asset Management and wondering if they should follow suit and add these companies to their own portfolio. We’ve already helped you determine what you should [...]
Famed investor Michael Burry recently added 7 companies to his hedge fund’s portfolio (Scion Asset Management). He appears to be going all in on discretionary and industrial sectors as we look to a potential economic downturn on the horizon. We’ve already helped investors make sense of whether they should take long positions of their [...]
Boxed - an e-commerce retailer specializing in bulk pantry products - announced today that they are exploring strategic alternatives. Usually, this means the company is looking to be sold and acquired. But, the company continues to look into fundraising initiatives as well. The goal is to announce additional funding in the next 45 days. [...]
One of the world’s most popular toy and game makers is taking a serious hit during Monday trading - following up on last week’s volatility. So far this morning the stock has dropped 8% lower than it opened. This comes as one analyst at Bank of America performed a deep dive into the company’s [...]
