Stocks to sell

It’s fine to seek out low-priced tech stocks, but I definitely do not recommend Exela Technologies (NASDAQ:XELA) stock. Exela Technologies has financial problems and the company’s shares are at risk of being delisted from the Nasdaq exchange. So, there’s too much risk to justify an investment in Exela Technologies. Headquartered in Texas, Exela Technologies specializes in business
The investor exodus out of Bed Bath & Beyond (NASDAQ:BBBY) has accelerated in recent weeks. Over the past month alone, BBBY stock has tumbled to the tune of 75.2%. This rapid move lower may be piquing the interest of bottom-fishers. After all, couldn’t an ounce of improvement with the distressed home goods retailer’s prospects pave the way
Mullen Automotive (NASDAQ:MULN) stock is once again making headlines, but these latest developments aren’t being met with much excitement based on recent price action. In the past few weeks, this early-stage electric vehicle manufacturer has hit a major milestone. The company has closed on a large financing deal. Shares have barely budged on this news.
So, it’s settled: Canadian cannabis producer Tilray (NASDAQ:TLRY) plans to acquire rival Hexo (NASDAQ:HEXO). It’s debatable, however, whether this is actually a good idea. In the same press release, Tilray disclosed its financial results for the third quarter of fiscal 2023. Suffice it to say, the data doesn’t look promising, and it’s not a good
Shares in China-based electric vehicle maker Nio (NYSE:NIO) appeared to be on the verge of a rebound in late March, but this month, NIO stock has fallen back into a slump. Not exactly surprising, considering that the company once again has reported underwhelming vehicle delivery numbers. Some investors continue to believe in the bull case
This year, stock markets have experienced growth, although not uniformly. Some stocks are recovering, while others are still declining or stagnating. However, unexpectedly many overvalued blue-chip stocks that have consistently outperformed the market in the past decade are now underperforming. These are well-known companies that people encounter in their everyday lives. Because of various internal
Electric vehicle (EV) manufacturer Lucid Group (NASDAQ:LCID) recently announced major changes that might alarm some investors. Experts on Wall Street will undoubtedly have different takes on Lucid’s plans for 2023. However, the big picture doesn’t look bullish for LCID stock. Lucid Group has been unprofitable quarter after quarter, and the company only produced 7,180 vehicles last year.