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Amazon shares dropped lower after Washington D.C. Attorney General Karl Racine announced he’s suing the company on antitrust grounds, claiming the e-commerce giant’s practices have unfairly raised prices for consumers and suppressed innovation. Racine aims to end Amazon’s allegedly illegal use of price agreements to edge out competition, recover damages, and impose penalties to deter similar ... |
Novan Inc (NASDAQ: NOVN): Novan announced this morning a one-for-ten reverse stock split effective 5:00PM Eastern Time today, with the stock expected to begin trading on a split-adjusted basis when the market opens on Wednesday. “We believe that the Reverse Stock Split is an important step for the Company and its stockholders to optimize our position as we work to execute strateg... |
Forget sexy – KR’s value is what you should pay attention toThe herd mentality is a big reason why pandemic-driven concerns for the past year and a half have driven most of the market’s attention to stocks in sectors like Technology and Healthcare. That doesn’t mean it’s wrong – but it’s one of the biggest reasons that a lot of those stocks are now trading a valuations that even the most bullish, growth-focused analysts are finding hard to justify. Herd mentality that drives stocks to extreme highs is a manifestation of investor’s tend... |
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Featured StockOlympic Steel, Inc. (ZEUS) Buy Price: $35.50 or betterOlympic Steel, Inc. processes and distributes metal products in the United States and internationally. It operates in three segments: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. The Carbon Flat Products segment sells and distributes processed carbon and coated flat-rolled sheets, coil and plate products, and fabricated parts. The Specialty Metals Flat Products segment sells and distributes processed aluminum and stainless flat-rolled sheets and coil pr... |
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