The market is trading close to all-time highs and many analysts are expecting a correction or sell-off over the next few weeks.
They argue that the market has come too far. Some consolidation is overdue and would be natural.
Zoom Video Communications Inc (NASDAQ: ZM) shares are trading higher by 5% at $364 Friday afternoon after RBC Capital assumed the stock at an Outperform rating and named it their top pick.
Recon Technology LTD. (NASDAQ: RCON) shares plummeted lower Friday after the company’s subsidiary Beijing BHD Petroleum Technology Limited signed two contracts with North China E&P Company.
Graybug Vision Inc (NASDAQ: GRAY) has not released any news since it printed its first-quarter 2021 earnings results May 12, but that didn’t stop the stock fr
Nio Inc - ADR (NYSE: NIO) shares are trading higher by 4% at $44.52 Friday morning after the company announced it won a key European Whole Vehicle Type Approval license for the ES8, saying it will serve as an "essential foundation" for Europe expansion.
Novan Inc. (NASDAQ: NOVN) shares are trading higher Friday after the company reported that B-SIMPLE4 pivotal Phase 3 trial of SB206 achieved significance for the primary endpoint with no adverse events.
With an abundance of news on a weekly basis, it's no wonder Tesla Inc’s (NASDAQ: TSLA) stock can swing wildly. Traders and investors also have to be prepared for how CEO Elon Musk’s tweets can affect Tesla’s stock price.