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Robinhood was sued Monday for wrongful death by the family of Alex Kearns, a 20-year-old customer who took his life last summer after believing he had racked up big losses on the millennial-favored stock trading app. “This case centers on Robinhood’s aggressive tactics and strategy to lure inexperienced and unsophisticated investors, including Alex, to take
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Let’s be up-front about this. Alberta-based Aurora Cannabis (NYSE:ACB) isn’t the lowest-risk pot play out there. Indeed, there are folks who aren’t too thrilled about the growth prospects of ACB stock. Source: Shutterstock For instance, Jefferies analyst Owen Bennett assigned ACB stock an “underperform” rating along with a price target of just $3.58. Bear in mind that
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Jumia (NYSE:JMIA) is an online marketplace which targets 11 African countries. It’s currently operating in Algeria, Cote d’Ivoire, Egypt, Ghana, Kenya, Morocco, Nigeria, Senegal, South Africa, Tunisia, and Uganda. The firm generates a majority of its revenue from western Africa. Its markets account for over 70% of Africa’s GDP and internet users and 600 million
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International stocks and global stock markets, in general, have wavered in the wake of the novel coronavirus pandemic. In countries where there is low institutional participation and susceptibility to herd-like behavior, the impact on investor sentiment is more pronounced. Some sectors such as travel, tourism, real estate, and manufacturing have been more impaired than others.
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Overall, if there is insider buying, it could be a bullish sign for a company’s stock. Insiders have access to confidential information. Unfortunately, some insiders have used this information to gain an advantage over members of the public who do not have access to it. For example, if an insider may knows news is about
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If you can swing it financially, it makes sense to front-load your 529 plan, also known as a “qualified tuition plan” (QTP). The purpose of a 529 plan is to pay future education costs, typically for a child or grandchild. Before passage of the Tax Cuts and Jobs Act of 2017 (TCJA), 529s could be used
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SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are Lululemon Athletica Inc., Finisar Corp., and Target Corp. Lululemon Athletica LULU, -0.11% is projected to report first-quarter earnings of 32 cents a share, according to a consensus survey by FactSet. “We believe, given the stock’s performance
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