Stocks to sell

MindMed (NASDAQ:MNMD) is a neuro-pharmaceutical company that specializes in psychedelic medicine. It discovers, develops and deploys these products to improve health, promote wellness and alleviate suffering. MNMD stock spiked after its initial public offering (IPO) in April, but has cooled since. Source: Shutterstock Is this a buying opportunity, or should investors steer clear of the stock? If
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FinTech leader SoFi Technologies (NASDAQ:SOFI) recently completed its merger with special purpose acquisition company (SPAC) Social Capital Hedosophia V. This caused IPOE stock to convert into SOFI stock, beginning SoFi’s official run as a publicly traded company. Source: rafapress / Shutterstock.com SoFi was an impressive merger partner for the “King of SPACs,” Chamath Palihapitiya. The private
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Self-billed as one of the largest e-commerce marketplaces in the world, I can fundamentally appreciate the bullish catalyst supporting Contextlogic (NASDAQ:WISH) today. Particularly in the age of the novel coronavirus, online businesses offer tremendous appeal. That said, most speculators probably aren’t thinking about the fundamentals when it comes to WISH stock. Source: sdx15 / Shutterstock.com
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Lordstown Motors (NASDAQ:RIDE) stock is becoming a cautionary tale for many investors in electric vehicle (EV) stocks. Source: Postmodern Studio / Shutterstock.com RIDE stock is down almost 50% in 2021. And that was the case before the company announced that its “backlog” of pre-orders do not represent binding commitment.   That announcement came on the heels of top
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Clover Health (NASDAQ:CLOV) stock is up 57% in the last month. The price action highlights the uncertainty of investing in celebrity SPAC (special purpose acquisition company) plays. Source: Shutterstock Bit of background here. Venture capitalist and resident SPAC king Chamath Palihapitiya helped Clover, which sells Medicare-backed insurance plans, to go public through a $3.7 billion deal
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