There’s a streaming play continuing its comeback on Tuesday, but the charts suggest investors may want to wait before buying more.
This streaming service was a pandemic darling that ran as high as $380 per share before realizing a fate shared by many of those hot stocks at the time, a price implosion. The stock finally bottomed out in 2022, then built a technical base, and has come roaring back as the company committed itself to achieving profitability by restructuring, improving efficiency, as well as building out its content offering.
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HOST: Morgan Brennan WHEN: Thursday, February 8th |
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Tune in to the next Pro Talks on Thursday at 12:00PM ET where a panel of Wall Street pros will discuss ways Pro subscribers can protect their investments in the face of geopolitical risks. Submit your question for this all star panel! |
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Wealth manager for the super-rich names 3 stocks to buy right now
SUN, FEBRUARY 04, 2024 Shares of this restaurant chain are forming a long-term turnaround, according to the charts
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Tuesday's analyst calls: McDonald's gets a downgrade, UBS sees 25% upside for delivery giant
TUE, FEBRUARY 06, 2024 |
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