The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a...
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Reuters
GameStop Shares Take A Hit After ‘Roaring Kitty’ Discloses 6.6% Stake In Chewy And Faces A Manipulation Lawsuit
GameStop Corp. (NYSE:GME) shares dipped by 7% in pre-market trading following the revelation by Keith Gill, also known as “Roaring Kitty,” of a 6.6% stake in Chewy Inc. (NYSE:CHWY). This news comes as Gill faces a new lawsuit alleging manipulation of GameStop’s stock....
Why Nike Shares Are Falling Today
Nike, Inc. (NYSE:NKE) shares are trading lower following fourth-quarter earnings and soft guidance for fiscal year 2025. During a quarterly earnings conference call, Nike’s CFO, Matthew Friend, announced a revised outlook for fiscal 2025, anticipating a...