As Tesla Inc (NASDAQ: TSLA)'s valuation continues to soar, doubling from January lows, and investors flock to the electric vehicle maker, some are wondering if the company will finally start paying dividends.
The Dow Jones closed lower by over 70 points on Monday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
Occidental Petroleum Corporation (NYSE: OXY) gapped up slightly on Monday before falling to trade flat. Occidental is set to print its fourth-quarter financial results after the market closes.
Zoom Video Communications, Inc (NASDAQ: ZM) was trading flat on Monday, as the company headed into its fourth-quarter earnings print after the market close.
The SPDR S&P 500 (NYSE: SPY) gapped up 0.88% higher on Monday when the market ETF ran into a group of sellers who caused the SPY to fall from its high-of-day to trade up about 0.5%.