Short Ideas - Spark Newswire

1 minute read

Nike And Wells Fargo Lead The SPY Higher Friday

Today, 3:13 PM

U.S. indices continued higher Friday after President Joe Biden declared that the White House had struck an infrastructure deal with a bipartisan group of senators. Investors also continue to weigh recent comments from Fed Chair Powell, who indicated inflationary pressures would abate.

ABBV

2 minute read

This Stock Looks To Be Breaking Out As Redditors Take Charge

By Tyler Bundy

Today, 3:13 PM

Express Inc. (NYSE: EXPR) shares are flying higher Friday as retail traders push the stock.

AMC

1 minute read

Why AMC Shares Are Trading Lower Today

By Henry Khederian

Today, 3:13 PM

AMC Entertainment Holdings Inc (NYSE: AMC) shares are trading lower by 4.8% at $54 as the stock continues to pull back following its recent retail-driven surge.

AMC

2 minute read

SoFi’s Stock Takes A Dip But Still Trades Within Technical Pattern

By Tyler Bundy

Today, 3:13 PM

SoFi Technologies Inc. (NASDAQ: SOFI) shares are trading lower Friday after a recent SEC Filing shows the notice of effectiveness for the conclusion of the lock-up period. The lock-up is set to expire on Monday, June 28 for 5+% shareholders and certain executives.

SOFI

2 minute read

Paysafe Stock Looks Ready For A Reversal After Redditors Grab Ahold Of It

By Tyler Bundy

Today, 3:13 PM

Paysafe Ltd. (NYSE: PSFE) shares are rallying higher Friday morning after retail traders aim to push the stock higher.

PSFE

2 minute read

Why Nokia Stock Is Squeezing Friday — And What’s Next

By Melanie Schaffer

Today, 3:13 PM

Nokia Oyj (NYSE: NOK) received an upgrade from Goldman Sachs analyst Alexander Duval from Neutral to Buy on Friday morning. The stock gapped up 3% and started running higher.

GME

1 minute read

Why GameStop Shares Are Trading Lower Today

By Henry Khederian

Today, 3:13 PM

GameStop Corp. (NYSE: GME) shares are trading lower by around 4.2% at $203.27 as the stock continues to pull back following its recent retail-driven surge.

GME

1 minute read

Trade Desk Stock Makes A Big Move, But Is It Enough?

By Mark Putrino

Today, 3:13 PM

Shares of The Trade Desk, Inc. (NASDAQ: TTD) have made a large move higher — but they have reached a level that has acted as resistance before. In March and at the end of April, TTD reached the $76 level. But both times it ran into a wall of sellers, rolled over and moved lower.

TTD

2 minute read

ContextLogic Busts Up Through Bull Flag: What’s Next?

By Melanie Schaffer

Today, 3:13 PM

ContextLogic Inc (NASDAQ: WISH) has been trending on Twitter and in Reddit communities for weeks. It has caught the eye of retail investors not only due to its underlying statistics but many feel it is very undervalued.

WISH

1 minute read

Why BlackBerry Shares Are Trading Lower Today

By Henry Khederian

Today, 3:13 PM

BlackBerry Ltd (NYSE: BB) shares are trading lower by 3.6% at $12.22 Friday morning after the software company reported first-quarter earnings Thursday.