11 January, 2022 by The TZ Newswire Staff Comments Off on Why LendingClub Stock Soared 11% Today
Why LendingClub Stock Soared 11% Today
Shares of peer-to-peer lending platform LendingClub (NYSE: LC) shot 11.3% higher today as of market close. It was a nice relief rally for shareholders after a tough couple of months. Set off by a coming raise in interest rates this year, the stock has been halved in value from its last peak at the beginning of November 2021.
Zooming out a bit, though, LendingClub has rallied an incredible 117% in the last year as its multiyear makeover starts to pay off.
Image source: Getty Images.
11 January, 2022 by The TZ Newswire Staff Comments Off on Why I’ll Be Selling My Zynga Stock Ahead of the Merger With Take-Two Interactive
Why I’ll Be Selling My Zynga Stock Ahead of the Merger With Take-Two Interactive
Shares of mobile game publisher Zynga (NASDAQ: ZNGA) are soaring on news of a buyout offer from fellow video game company Take-Two Interactive Software (NASDAQ: TTWO). Games formatted for a mobile device have emerged as the biggest revenue generator for the massive and still-growing video game market, which is homing in on $200 billion a year globally. As a result, other publishers have scooped up leading mobile game developers (like Electronic Arts‘ (NASDAQ: EA) takeover of Glu Mobile last summer), and now it’s Take-Two’s turn.
11 January, 2022 by The TZ Newswire Staff Comments Off on Why DocuSign Stock Popped Today
Why DocuSign Stock Popped Today
Second verse, same as the first.
Shareholders of DocuSign (NASDAQ: DOCU) will recall how last month, multiple purchases of stock by their company’s CEO had a beneficial effect on the stock’s price, helping the e-signature company to rebound from an early December sell-off to close the year north of $152 a share.
11 January, 2022 by The TZ Newswire Staff Comments Off on Why Jamie Dimon’s Interest Rate Predictions Could Be Great News for Real Estate Investors
Why Jamie Dimon’s Interest Rate Predictions Could Be Great News for Real Estate Investors
Usually, the last thing anybody wants to hear is that interest rates are going up, but Jamie Dimon seemed almost thrilled at the idea in an interview on Monday. The CEO and chairman of JPMorgan Chase told CNBC he believes not only is the country headed for some of its best growth in decades but also that the Federal Reserve is going to hike rates far more than had been anticipated back in 2021.
Despite other experts predicting four rate hikes in 2022, Dimon says there could be more, and the economy will be all the better for it.
1 January, 2022 by The TZ Newswire Staff Comments Off on If I Could Buy Only 1 Stock in 2022, This Would Be It
If I Could Buy Only 1 Stock in 2022, This Would Be It
We’re firm believers in the benefit of owning a diversified portfolio of stocks. However, we all have our favorite stocks.
We asked some of our Fool.com contributors to whittle their favorites down to their top choice to buy in 2022 if they could only pick one. Here’s why 3M (NYSE: MMM), Brookfield Asset Management (NYSE: BAM), and Brookfield Renewable (NYSE: BEP)(NYSE: BEPC) topped their lists as the one stock they’d buy this year.
1 January, 2022 by The TZ Newswire Staff Comments Off on The American City Losing the Most Time to Traffic Congestion
The American City Losing the Most Time to Traffic Congestion
The COVID-19 pandemic cut down traffic in America’s largest cities. The Institute of Transportation Engineers (ITE) found that traffic dropped by half in some metro areas in the U.S. and…
1 January, 2022 by The TZ Newswire Staff Comments Off on 2 Stocks That Could Thrive With Rising Inflation
2 Stocks That Could Thrive With Rising Inflation
Companies that can thrive during inflationary times are usually the ones that can demonstrate pricing power. That way, when input costs rise, they can increase prices on their products without losing customers. In this segment from “The Five” recorded Dec. 14, Fool contributors Trevor Jennewine and Connor Allen discuss inflation and highlight a few stocks that can benefit.