Are Markets Overvaluing These 3 Stocks? LULU, NFLX, SQ
Two recent stock events have called into question how markets are pricing stocks. The first event is the OG meme stock, Tesla (NASDAQ: TSLA), hitting a one trillion-dollar market cap.
44 Stocks Moving In Thursday’s Mid-Day Session
Gainers
Longeveron Inc. (NASDAQ: LGVN) jumped 157% to $7.51. Longeveron said the FDA granted rare pediatric disease designation for the company’s Lomecel-B for the treatment of hypoplastic left heart syndrome.
3 Stocks Insiders Are Buying
When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Cathie Wood Says GM, Ford Don’t Have The ‘EV Genes’ And Tesla Could Grab Up To 25% Market Share In 5 Years
Tesla Inc (NASDAQ: TSLA) mega-bull Cathie Wood in an interview with Barron's said on Wednesday legacy automakers don't have the genes to make it big in the electric vehicle
61 Biggest Movers From Yesterday
Gainers
Sono Group N.V. (NASDAQ: SEV) shares climbed 154.7% to close at $38.20 on Wednesday after the company priced its IPO at $15 per share.
‘Lucid, Rivian among finalists for North American Car, Truck and Utility of the Year’ -Automotive News Report
https://www.autonews.com/marketing/north-american-car-truck-and-utility-year-award-finalists-include-startups-lucid-rivian
42 Stocks Moving In Wednesday’s Mid-Day Session
Gainers
Sono Group N.V. (NASDAQ: SEV) shares jumped 66% to $24.90 after the company priced its IPO at $15 per share.