Tag: Yahoo Finance

Thinking About Buying Stock In American Airlines, Luckin Coffee, XpresSpa Or Genius Brands?

Share prices for American Airlines, Luckin Coffee, XpresSpa and Genius Brands have all spiked up to unusual price points. Here's what you need to know before investing.American Airlines: Why Did The Price Move? American Airlines Group Inc (NYSE: AAL) stock took off Thursday, gaining more than 40% on the day. This followed a statement by the company saying it believed 74% more flights will take place in July than in June. Mind the bears, however. Citron Research tweeted on Friday that the surge was largely due to increased buy volume from young retail traders, and didn't reflect the company's poor fundamentals.> $AAL Back to $10 Robinhood traders have 0 idea what they buying. Balance sheet is upside down. Unencumbered assets worth far less than current price. The reason why Buffett fully exited lower. They don't teach finance in the Sherwood Forest.> > -- Citron Research (@CitronResearch) June 5, 2020Luckin Coffee: Why...

Advanced Micro Devices Stock Should Get Un-Stuck Soon

To call Advanced Micro Devices (NASDAQ:AMD) stock a "runner" would be no exaggeration, at least from a long-term perspective. Up more than 2,000% since 2015, the shares have enriched patient investors with market-beating returns.Source: Sundry Photography / Shutterstock.com The first half of 2020 has tested AMD stock traders' patience, however. The share price has been stuck in a frustrating range since January. While some lesser-known names are shooting to the moon, AMD shareholders are still waiting for their time in the sun.Should AMD stock traders just give up and move on to something else? That would be an unnecessary mistake as patience has consistently rewarded AMD shareholders. Besides, there are compelling reasons to bet on higher prices as 2020 moves towards its second half.InvestorPlace - Stock Market News, Stock Advice & Trading Tips High Hopes for the Back HalfIf the first half was ho-hum for AMD stockholders, what catalysts are on...

Zoom Stock Surge Gives Little-Known Early Investor a Fortune

(Bloomberg) -- Some of the biggest names in finance and business made a fortune on Zoom Video Communications Inc.: Hong Kong’s Li Ka-shing, Tiger Global Management’s Chase Coleman and, of course, founder Eric Yuan, whose net worth has surged to more than $10 billion.And then there’s Samuel Chen, a little-known Taiwanese investor who made his initial wealth through ink trading and started putting money in the video-conferencing juggernaut about a decade ago.His Digital Mobile Venture Ltd., which participated in Zoom’s early funding rounds, controls a $1.6 billion stake based on Thursday’s closing price, assuming it hasn’t sold stock since the holding was last disclosed at the end of March. Shares of Zoom, which recently reported a 170% increase in first-quarter revenue, have more than quintupled since their initial public offering last year.Chen is also a board member of Taiwan circuit maker Sonix Technology Co., and Digital Mobile is the biggest shareholder...