|Day Low/High||61.29 / 62.25|
|52 Wk Low/High||14.56 / 54.50|
Think of Grab as a combination of Lyft, DoorDash, and PayPal.
Uber has now said that demand for the ride hailing service is recovering faster than driver availability.
Tech companies likely to see revenue growth inflect higher could continue doing well, as might relatively inexpensive ones that are poised to continue growing.
Maybe it will be viewed as the ultimate 'opening' story because restaurants might soon come back.
And listen to what Cathie Wood of ARK Investments had to say about TSLA and ride sharing.
The Russell 2000 has now soared 16% year to date, nearly twice the Nasdaq Composite's 8.5% move.
Recent vaccine-related data is encouraging, and the stage is being set for a major second-half surge in travel, dining and live events spending.
The writing is on the wall for the gig economy, but I see a play in this name.
From Amazon to Zoom, here are my prognostications and best ideas for the new year.
... And the DoorDash IPO pulled out a block from it, bringing the whole thing down. Here's what to look for as two more major offerings are coming.
Pick up some or buy deep-in-the-money calls, but know that if they go down, you pounce.
What the Nasdaq experienced Monday is known not just as an 'Outside Day,' but an 'Outside Reversal,' and these can be dangerous.
California's Proposition 22 vote offers a great exit opportunity from UBER and LYFT.
Here's why a Republican Senate and a Democratic White House and House, may be nirvana for growth.
Markets seem to be betting that divided government will keep much of the policy and interest rate status quo intact for tech. But valuations are still high, and there are other risks out there.
I cannot buy them on this pop. My expectation is that based on past history you will get a chance to get a better price.
TSLA has now posted five consecutive quarters of profitability while rapidly increasing productivity as well as margin.
The new, recent highs, on the Full Stochastics and MACD, create attractive bullish divergences.
If the ride-sharing company's stock can edge higher and hold that ground, the answer to the question appears to be yes.
Plus, quick looks at Joe Biden's VP choice, the latest on the Covid-19 vaccine front and Tesla's stock split.
Uber's ride-sharing business continues seeing demand gradually improve from its March/April lows. But it's still far below pre-COVID levels.
Don't be dazed by star stocks like Tesla, and instead stop and think: What do you really get when you buy stock in a company?
These stay-at-home, newbie short-term investors are learning the hard way about gambling on 'bargains' bound to go belly up.