Stocks are poised to open lower on Monday. Michael Nagle/Bloomberg Text size Here’s what you need to know to navigate the markets today. • U.S. stocks are set to open Monday slightly down. On Sunday n...
Tag: Leisure/Travel Goods
Opinion: Peloton’s stock price is disconnected from reality, and it will fall below $15 before hitting bottom
We have been recommending that investors short Peloton since October 2020. Even after falling 76% in 2021 and continuing to drop this month, Peloton’s valuation remains disconnected from the reality o...
Peloton’s stock skids, following report it will pause production of bikes, treadmills
Shares of Peloton Interactive PTON, -17.24% were sinking Thursday afternoon, trading below where it first listed, after a report said the exercise-equipment maker was temporarily pausing production of...
Microsoft could have just kicked off a Big Tech gold rush, which helps videogame stocks but maybe not gamers
Microsoft Corp.’s agreement to buy Activision Blizzard Inc. would be the largest tech acquisition ever, and the chance it could prompt other Big Tech names to make their own acquisitions sent videogam...
Zynga Stock Soars on Deal to Be Acquired by Take-Two for $12.7 Billion
Text size A bicyclist rides by the Zynga headquarters. Justin Sullivan/Getty Images Shares of mobile gaming services company Zynga were soaring in premarket trading following the news that it will be ...
Stitch Fix Stock Has Cratered. One Investor’s $100 Million Bet on a Comeback.
Text size Courtesy of Stitch Fix Stitch Fix stock has tumbled in 2021, but one of the largest investors in the online apparel retailer has been racking up big stock buys. Stitch Fix (ticker: SFIX) sto...
Peloton and Netflix Stocks Have Fallen. Here’s How Best to Play It.
One bank says to use the recent growth-stock selloff to buy shares of Alphabet . Another says Amazon.com and Facebook owner Meta Platforms . A third is going in a different direction and picking all t...