Short Ideas - Spark Newswire

2 minute read

Cathie Wood Piles Up Shares In Alibaba, Rival Pinduoduo, Trims Snapchat, Pinterest

Today, 8:56 AM

Cathie Wood-led Ark Investment Management on Monday snapped up 35,022 shares, estimated to be worth about $7.39 million, in Alibaba Group Holding (NYSE: BABA). Shares of Alibaba closed 0.46% lower at $211.06 on Monday.

ARKF

2 minute read

Sorrento Therapeutics Is Forming Pennant Pattern: Technical Levels To Watch

By Tyler Bundy

Today, 8:56 AM

Sorrento Therapeutics Inc. (NASDAQ: SRNE) shares moved higher Tuesday after the company announced Phase 2 Abivertinib clinical studies have completed patient enrollment in the U.S. and Brazil. The company is expecting top-line clinical data at the end of the third quarter.

SRNE

2 minute read

What’s Next For Ocugen Stock As It Bounces Off Support?

By Tyler Bundy

Today, 8:56 AM

Ocugen Inc. (NASDAQ: OCGN) shares are trading lower Tuesday, likely making a correction after shares saw a nice gain Monday. Ocugen was down 5.14% at $7.02 at last check.

OCGN

1 minute read

Why Torchlight Energy Shares Are Getting Hammered Today

By Henry Khederian

Today, 8:56 AM

After surging Monday, Torchlight Energy Resources Inc. (NASDAQ: TRCH) shares are trading lower by 20% at $7.90 after the company announced an amendment to its at-the-market offering de

TRCH

1 minute read

Why Pinduoduo, Nio, Li Auto And Xpeng Shares Are Trading Lower Today

By Henry Khederian

Today, 8:56 AM

Shares of several China-based companies, including Pinduoduo Inc - ADR (NASDAQ: PDD), Nio Inc - ADR (NYSE: NIO), Xpeng Inc - ADR (NYSE:

2 minute read

Why Plug Power Stock Looks Ready To Break Out

By Tyler Bundy

Today, 8:56 AM

Plug Power Inc. (NASDAQ: PLUG) shares were trading higher Tuesday after the company reported first-quarter earnings results.

PLUG

2 minute read

Why WISH Stock Looks To Break Out

By Melanie Schaffer

Today, 8:56 AM

ContextLogic Inc (NASDAQ: WISH) squeezed Tuesday morning, broke Monday’s high and headed toward the $15 mark. The stock has seen enormous interest in Reddit communities and on Twitter due to its high level of institutional ownership and the amount of short interest on the stock.

WISH

1 minute read

Why Bitcoin-Related Stocks Are Trading Lower Again Today

By Henry Khederian

Today, 8:56 AM

Shares of several crypto-related companies, including Marathon Digital Holdings Inc (NASDAQ: MARA) and Riot Blockchain Inc (NASDAQ: RIOT) are trading lower by 6% and 4.2%, respectively, after the China Central

MARA

1 minute read

Is Amazon Stock About To Make A Big Move?

By Mark Putrino

Today, 8:56 AM

There’s a good chance shares of Amazon.com, Inc. (NASDAQ: AMZN) could make a big move over the next few days.

AMZN

2 minute read

What’s Next For Globus Maritime After The Stock’s Rally

By Tyler Bundy

Today, 8:56 AM

Globus Maritime LTD. (NASDAQ: GLBS) shares traded higher Monday after the company reported a total comprehensive loss of $800,000 for the first quarter. This compares to a $9-million loss in the year-ago period. Revenue rose from $2.3 million to $5.2 million.

GLBS