Prescience Point

While Airbnb Inc (NASDAQ:ABNB) CEO Brian Chesky may rank among the world's richest people, that status took a bit of a beating recently. Much of his net worth — standing at around $10 billion — is largely tied to his stake in ABNB stock. Of course, the equity took a hit recently, declining about 8...

In a move that combines political prescience with business acumen, three money managers have introduced a new ETF wagering on one thing: less regulation under the Donald Trump regime will boost some segments of the U.S. economy. The Free Markets ETF (NYSE:FMKT) started trading on Tuesday and is...

The collapse of Sam Bankman-Fried's FTX cryptocurrency exchange appears to have further legs to play out as the crypto-friendly Silvergate Bank, which is owned by Silvergate Capital Corp. (NYSE: SI) and lent heavily to the exchange, is now in troubled waters. What Happened: Silvergate...

Gainers MDJM Ltd (NASDAQ: MDJH) shares surged 35.6% to close at $2.44 on Wednesday after gaining 10% on Tuesday. GWG Holdings, Inc. (NASDAQ: GWGH) gained 31.6% to settle at $4.50. Great Panther Mining Limited (NYSE: GPL) surged 31% to close at $0.2075. Great Panther recently reported full year...

Gainers MDJM Ltd (NASDAQ: MDJH) jumped 27.2% to $2.29 after gaining 10% on Tuesday. Allegheny Technologies Incorporated (NYSE: ATI) gained 14.3% to $21.50 after the company posted upbeat Q4 results and announced a $150 million buyback plan. Epizyme, Inc. (NASDAQ: EPZM) rose 12.6% to $1.3850....

Groupon Inc (NASDAQ: GRPN) is trading higher Monday after Prescience Point Capital Management raised its price target on the stock to $88.17. Prescience Point said it has obtained new information that suggests the value of the company's stake in European payments company...

Groupon Inc (NASDAQ: GRPN) shares traded higher by 8.2% on Tuesday after Prescience Point Capital Management released a new report on the stock and said it is significantly undervalued. Groupon Bull Thesis: Groupon shares are down 65% in the past five years, but Prescience Point said the stock has...

Penn National Gaming, Inc. (NASDAQ: PENN) shares are trading higher following positive commentary on Twitter by Prescience Point Capital Management. The firm noted in a tweet that it is long on Penn National Gaming. Prescience believes the sharp selloff from the Barstool founder, Dave Portnoy...

Image via Enphase Energy. From The Author Of Evils & Designs Last month (Our Addiction Economy), we shared a thought-provoking post by our pseudonymous Twitter correspondent JC Bennett, about the addictive nature of our current economy. Below, we've shared another thought-provoking post by...

Gainers Scopus BioPharma Inc. (NASDAQ: SCPS) shares climbed 473.7% to close at $33.96 on Thursday. Scopus BioPharma’s filing showed registration for 500,000 share common stock offering. Scopus Biopharma shares gained around 8% on Wednesday after the company priced its IPO at $5.5 per share...

Gainers Oriental Culture Holding LTD (NASDAQ: OCG) rose 110.5% to $12.84 in pre-market trading. Oriental Cultural, on Tuesday, priced its IPO at $4 per share. Scopus BioPharma Inc. (NASDAQ: SCPS) rose 70.4% to $10.09 in pre-market trading. Scopus Biopharma shares gained around 8% on Wednesday...

Gainers Upstart Holdings, Inc. (NASDAQ: UPST) shares surged 47.4% to close at $29.47 after the company priced its IPO at $20 per share. Diginex Limited (NASDAQ: EQOS) shares jumped 35.8% to close at $9.72. MediaCo Holding Inc. (NASDAQ: MDIA) gained 34.8% to close at $3.60. MIND Technology, Inc. (...

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