Citron Research activist short seller and newsletter author Andrew Left tweeted the firm is taking profits on its previous short position in NVIDIA Corporation NVDA 0.58% and shifting the position to a short on Mobileye NV MBLY 1.49%.
Despite major Election Day victories in eight out of nine states in November, the U.S. marijuana movement may now be derailed.
One of President Donald Trump’s major campaign talking points was that he and the Republican-controlled Congress would repeal and replace the Affordable Care Act (ACA). Despite a major Republican election victory, that task may still be easier said than done.
Square Inc SQ 0.59% shares are up more than 12 percent on Thursday after the company reported Q4 earnings that exceeded the market’s expectations.
GNC Holdings Inc GNC 3.64% shares are skyrocketing more than 10 percent on Thursday after CEO Robert Moran and chairman of the board Michael Hines both disclosed massive new purchases of company stock. According to the filings, Hines purchased 125,000 shares of GNC stock on February 21 at an average price of $8.17. Moran made…
Two of the hottest stocks in the tech sector may have gotten a bit too hot. BMO Capital and Nomura have downgraded NVIDIA Corporation NVDA 0.58% to Sell and Reduce ratings, respectively.
On Thursday morning, Treasury Secretary Steven Mnuchin had his first sit-down interviews with Fox Business (Twenty-First Century Fox Inc FOXA 0.86%) and CNBC since his confirmation. One of the hot-button topics that Mnuchin discussed is the fate of Federal National Mortgage Assctn Fnni Me FNMA 2.82% and Federal Home Loan Mortgage Corp FMCC 1.49%. Shares…
Tesla Inc TSLA 0.44% CEO Elon Musk has built quite a reputation as a creative visionary. Tesla investors are betting on Musk’s ability to pull off one of his more realistic visions of the future: an affordable, long-range electric vehicle with mass market appeal. However, while Musk’s Model 3 will soon be a reality, some…
Airline investors are thrilled that one of the most well-respected and successful investors on Wall Street has taken a massive stake in four different U.S. airline stocks in the last two quarters.
One of the best things about being a retail investor is that there is no penalty for cheating off of the smart kids. Thanks to SEC disclosure laws, hedge funds must reveal every stock they own on a quarterly basis, and retail investors can take the chance to study and mimic some of the greatest…