Fear From Policy Changes Leads to Another Profit Opportunity in This Tech Niche
The threat of changing laws and regulations has weighed on some tech stocks. However, the hardest hit stocks have been hurt the most from changes coming from other businesses, not government regulators. For instance, earlier this year,
Apple (AAPL) changed advertising-tracking policies on its devices. That’s led to poor performance in a number of companies, particularly those that offer social media services. The biggest loser?
Snapchat (SNAP). Shares peaked at $83 earlier this year, and have since lost 45 percent of their value, and ...
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Apple (AAPL) changed advertising-tracking policies on its devices. That’s led to poor performance in a number of companies, particularly those that offer social media services. The biggest loser?
Snapchat (SNAP). Shares peaked at $83 earlier this year, and have since lost 45 percent of their value, and ...
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Insider Trading Report: Planet Labs PBC (PL)
Kevin Weil, a President of product and business at
Planet Labs (PL), recently bought 165,580 shares. The buy increased his holdings by over 15 percent, and came to a total purchase price of just over $995,000. This is the second recent buy from insiders, as a company director bought 36,785 shares valued at over $245,000 the week before. These two buys constitute the only insider activity since the company went public. Overall, insiders own about 14 percent of company shares. The company operates ...
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Planet Labs (PL), recently bought 165,580 shares. The buy increased his holdings by over 15 percent, and came to a total purchase price of just over $995,000. This is the second recent buy from insiders, as a company director bought 36,785 shares valued at over $245,000 the week before. These two buys constitute the only insider activity since the company went public. Overall, insiders own about 14 percent of company shares. The company operates ...
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Unusual Options Activity: Newmont Mining (NEM)
Shares of gold mining firm
Newmont Mining (NEM) have been range-bound over the past few months. One trader sees the company moving back down to the lower end of its range in the next few weeks. That’s based on the February $52.50 put. With 56 days until expiration, 6,930 contracts traded against a prior open interest of 295, for a 23-fold rise in volume. The buyer of the puts paid $0.88 to make the trade. Overall, shares are down about 2 percent ...
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Newmont Mining (NEM) have been range-bound over the past few months. One trader sees the company moving back down to the lower end of its range in the next few weeks. That’s based on the February $52.50 put. With 56 days until expiration, 6,930 contracts traded against a prior open interest of 295, for a 23-fold rise in volume. The buyer of the puts paid $0.88 to make the trade. Overall, shares are down about 2 percent ...
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Industry Leaders Can Keep Delivering In Any Economy
While uncertainty has been weighing on the stock market, great companies can continue to deliver, no matter what the economy or latest fears are doing. Quality results and returns speak for themselves. It’s even easier when a company has strong demand for its products and is a leader in its industry. That makes it ideal to buy during periods of market fears. Case in point?
Nike (NKE). The sports apparel company is continuing to demonstrate that it’s a global powerhouse. In its most ...
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Nike (NKE). The sports apparel company is continuing to demonstrate that it’s a global powerhouse. In its most ...
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Insider Trading Report: Funko Inc (FNKO)
Charles Denson, a director at
Funko Inc. (FNKO), recently bought 99,300 shares. The buy increased his stake by over 115 percent, and came to a total purchase price of just over $1.7 million. This marks the first insider buy since August, when a fund with a major ownership stake added to their holdings. Otherwise, company insiders, including both directors and company insiders, have been large sellers of shares. Overall, insiders own about 14 percent of company shares. Insider sellers have been missing out, ...
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Funko Inc. (FNKO), recently bought 99,300 shares. The buy increased his stake by over 115 percent, and came to a total purchase price of just over $1.7 million. This marks the first insider buy since August, when a fund with a major ownership stake added to their holdings. Otherwise, company insiders, including both directors and company insiders, have been large sellers of shares. Overall, insiders own about 14 percent of company shares. Insider sellers have been missing out, ...
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Unusual Options Activity: Riot Blockchain (RIOT)
Shares of cryptocurrency mining company
Riot Blockchain (RIOT) have been sliding along with the price of Bitcoin the past few months. However, one trader sees shares moving far higher in the next year. That’s based on the January 2023 $85 call. With 393 days until expiration, 3,845 contracts traded compared to a prior open interest of 197, for a 20-fold rise in volume. The buyer of the calls paid $3.45 to make the trade. Shares last traded near $22.50. The $85 strike price ...
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Riot Blockchain (RIOT) have been sliding along with the price of Bitcoin the past few months. However, one trader sees shares moving far higher in the next year. That’s based on the January 2023 $85 call. With 393 days until expiration, 3,845 contracts traded compared to a prior open interest of 197, for a 20-fold rise in volume. The buyer of the calls paid $3.45 to make the trade. Shares last traded near $22.50. The $85 strike price ...
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This Industry Sees Smooth Sailing Despite Omicron
The pandemic has helped fuel more gains in the tech space, but many sectors still remain well off their pre-pandemic highs, particularly in the travel and tourism sector. One such company, the largest in its industry, is navigating the latest Covid variant fears with an optimistic look that things could even be back to their pre-pandemic levels by next summer. The company?
Carnival Corporation (CCL). The company has been at the center of on-again/off-again Covid news, as cruise lines were shut down entirely ...
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Carnival Corporation (CCL). The company has been at the center of on-again/off-again Covid news, as cruise lines were shut down entirely ...
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Insider Trading Report: Incyte Corporation (INCY)
Baker Bros Advisors LP, a major holder and director at
Incyte Corp (INCY), recently added 1,595,519 shares to their holdings. The buy came to a total purchase price just under $115.6 million, and is a rough doubling of the fund’s holdings in the company. This represents the first insider buy since February, when the company president bought $1 million in company shares. Otherwise, company insiders have generally been regular and steady sellers over the past year. Overall, insiders own about 1.5 percent ...
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Incyte Corp (INCY), recently added 1,595,519 shares to their holdings. The buy came to a total purchase price just under $115.6 million, and is a rough doubling of the fund’s holdings in the company. This represents the first insider buy since February, when the company president bought $1 million in company shares. Otherwise, company insiders have generally been regular and steady sellers over the past year. Overall, insiders own about 1.5 percent ...
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