Senior Partner at law firm Kirkland & Ellis LLP Jonathan Henes joins Yahoo Finance’s Zack Guzman to break down the current outlook for bankruptcies amid the COVID-19 pandemic. ...
Clearnomics Founder & CEO James Liu joins Yahoo Finance’s Zack Guzman to break down Monday's market rally, as Moderna reports positive data on an early-stage coronavirus vaccine. ...
Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return for the decade was 250.5%. But there's no question some big-name stocks did much better than others along the way.Fitbit's Difficult DecadeOne market laggard of the last decade was Fitbit Inc (NYSE: FIT).Fitbit was founded in 2007 and made the move to go public in June 2015. Fitbit was one of the highest-profile IPOs of the 2010s, launching with a $4.1 billion market valuation.Unfortunately, investors expecting Fitbit to burst out of the gates as the next red-hot tech stock were sorely disappointed. Shares plummeted on concerns about rising competition from deep-pocketed Apple Inc. (NASDAQ: AAPL) and other fitness tracker leaders. That same Fitbit committed to transitioning its business model from a consumer electronics company to a digital health care company.After selling IPO shares at $20, Fitbit shares hit their...
Investors going long may find the best opportunities in technology and ‘serendipity’ stocks, says strategist James McDonald, CEO of Hercules Investments. ...
