Category: Stock Investing

Stock Investing

Be ready for liftoff for Supernus Pharmaceuticals Inc. (SUPN)

Qelbree, a drug developed by Supernus Pharmaceuticals, Inc. (SUPN), recently received FDA approval. Consequently, SUPN shares traded at 30.11 USD on April 5th for a gain of 12.7%. Qelbree is specifically approved to treat attention deficit hyperactivity disorder in patients between the ages of 6 and 17 years. Despite its high prevalence, this diagnosis holds excellent commercial potential. The ADHD symptoms include hyperactivity, difficulty concentrating, impulsivity, and difficulties managing daily tasks. Children with ADHD account for more than 6 million people in the United States solely. Supernus has made remarkable efforts to secure approval. They have conducted four phases III

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Stock Investing

Growth Story Still Intact For Upstart Holdings Inc. (UPST)

Upstart Holdings Inc. (UPST) stock price has soared rapidly since the UPST stock launched as well. On a year-to-date basis, UPST’s performance stands at 175.53%, and on a seven-day basis, its performance stands at 84.70%. The stock’s price index is up 53.68% over one month and 173.19% over three months. The Upstart Holdings platform uses artificial intelligence to offer innovative lending services. More loan proposals are approved than traditional lending forms because of its innovative machine-learning models that more accurately identify risks. Until the end of 2020, Upstart Holdings served over 698,000 customers. Most of the Upstart Holdings Inc.’s loans

Stock Investing

These two gaming stocks are worth watching in 2021: Activision Blizzard (ATVI) and Microsoft Corp (MSFT)

Video games have had a remarkable time in the past. This year may be the beginning of positive trends for the industry. Microsoft Corp (MSFT), which produces the Xbox gaming console, and video game developer Activision Blizzard, Inc. (ATVI) are likely beneficiaries. The United States alone spent $57 billion on video games last year, increasing 27% year-over-year. The industry will continue to grow at least in part in 2021. ATVI took the COVID-19 period with several new games (at the COVID-19 period, ATVI was busy redesigning its business). Consequently, the company’s revenues returned to growth and increased by 25%, totaling

Stock Investing

Kohl’s Corporation (KSS): Are Investors Missing The Big Picture?

Kohl’s Corp. (NYSE: KSS) shares gained 6.20% during the trading session on Monday. There were 13.04 million shares traded during the session. At the close of the previous session, KSS was trading at $55.97. It was the activity of some large investors that drove the rise in KSS Stock, even though they changed the board of directors’ composition and tweaked the company’s policy. Several of Kohl’s most significant investors – Macellum Advisors, Ancora Holdings, Legion Partners Asset Management, and 4010 Capital – collectively own close to 9.5 % of the retailer. A group of nine individuals was recently nominated to

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Stock Investing

Electronic Arts (EA) acquires GluMobile to expand their mobile business

Electronic Arts Inc stated on Monday that it would purchase Glu Mobile Inc for $2.4 billion, in addition to adding games such as “Design Home”, “Covet Fashion”, and “MLB Tap Sports Baseball”. The U.S. video game developer has offered $12.50 per share in cash as part of the deal, which represents a premium of about 33% over the closing price of Glu’s stock on Monday. Electronic Arts (EA) stock surged an average of 1.4% in extended trading, while Glu shares soared an average of 34%. The deal would give Glu an enterprise value of $2.1 billion and will get completed

Stock Investing

The EU Commission and AstraZeneca plc (AZN) Ceased Talks Over Coronavirus Vaccine

Pharma giant AstraZeneca plc (NASDAQ: AZN) pulled out of talks in Brussels in response to delays in the coronavirus vaccine delivery, a development that represents another escalation between the company and the European Union, as reported by Bloomberg. European Union officials have been pressuring the company to rethink its decision to leave because they want to know about what has happened to vaccine deliveries, an official said. However, AstraZeneca has not confirmed its departure.  An online interview with AstraZeneca plc (AZN) CEO Pascal Soriot was published in the Italian La Repubblica in response to his company’s defense against the criticism leveled

Stock Investing

Is Peloton Interactive (PTON) up to the challenge?

Because of COVID-19’s outbreak, we have adopted a drastically different lifestyle. One beneficiary of social restrictions is Peloton Interactive Inc. (PTON), a home fitness equipment and content maker. Sales increased, and PTON stock grew thanks to the closed gyms. Shares of Peloton Interactive Inc (PTON) are up 2.68% year-to-date and moved 3.76% or $5.65 higher in the last trading session. The stock’s trailing 12-month performance is close to 386.84% higher. Currently, the stock is up 2.68% YTD and 17.13% over the trailing 3-month period. Its performance for a week went down by -0.16%, and for a month, it went up

Stock Investing

Why Tellurian Inc (TELL) soared 25%

Stocks of Tellurian Inc (NASDAQ: TELL), a liquefied natural gas (LNG) supplier, rose following an encouraging announcement by its management. TELL stock was trading 52.85% away from its 20-day Simple Moving Average. The company achieved a weekly performance of 43.92% compared to its annual performance of -73.21%. Oil & gas sector giant Tellurian Inc employs 176 people, and its Market capitalization is 561.81M. TELL stock jumped 25.29% to close at $2.13 on the last trading session. Tellurian reports that construction is slated to begin on the LNG export terminal at Driftwood in summer 2021, intended to refuel LNG tankers. The

Stock Investing

Pinduoduo (PDD): Factors That Can Drive E-commerce Retailer High

Over the year, online retailer Pinduoduo Inc. (PDD) has risen more than 308 percent. The group displayed rapid sales growth and expansion in promising business areas throughout the last year. Any of Pinduoduo’s growth variables are long-term. After Alibaba and JD.com, Pinduoduo is China’s third-largest e-commerce site. Its difference from rivals is the ability for consumers to collaborate and to make mutual transactions. Pinduoduo has been establishing a lucrative segment for the selling of agricultural products in recent quarters. At the same time, also in this category, the organization embraces the community purchasing feature, which decreases the total cost per

Stock Investing

Here Is Why Airbnb Inc (ABNB) Is A Good Buy In 2021

Airbnb Inc (NASDAQ: ABNB), an online platform that helps tourists find temporary accommodations, grew by roughly 10% in the first weeks of trading in 2021. There is a rush among investors to buy Airbnb shares at a discount, as Airbnb is expected to be one of the primary beneficiaries of the global economic recovery and the return of mobility. COVID-19 has made a serious impact on the global tourism industry. The cancellation of many vacations and business trips has pushed down demand for short-term rentals in hotels and apartments. However, positive news regarding the vaccine suggests that the tourism industry