by Mike Stenger
the DoorDash IPO is finally here, and investors are lining up to get a piece of the world's biggest third-party food delivery company as soon as they can.
But don't buy on the IPO date – there's an even better time to buy DoorDash stock down the road.
We'll show you exactly when that is. All you have to do is look for one number...
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Uncertainty in the stock market is about as high as it has ever been.
COVID-19 combined with election day tomorrow has investors asking themselves, "Should I sell my stocks now?" The Dow tumbled more than 900 points on Wed., Oct. 28 for its worst drop since June.
Then, it dropped another 150 points to close out the week on Friday, Oct. 30.
This week could see even more volatility...
by Mike Stenger
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A 31% drop on the S&P 500 gave many businesses a dim outlook in March.
The IPO market slowed down tremendously as a result.
What didn’t slow down, however, was online delivery.
An unprecedented amount of online orders were being placed during lockdowns.
Amazon had to hire 75,000 more workers to meet new demand.
As part of this trend, people were also eating out far less (if at all).
And companies like DoorDash came to the rescue.
That’s why this company hasn’t had the same hiccup as the rest of the IPO market since it announced a potential IPO in February.
Now, a DoorDash IPO is imminent as the company maintains its goal of going public before the end of Q4.
by Andrew Keene
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Uber announced it's buying Postmates to expand its food delivery service.
The deal is attracting investors – but don't chase this acquisition.
You can profit best by looking past these headline companies and to this competitor...
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The Dow Jones now has dropped this morning as the economy reopening sparks more COVID-19 fears.
In addition, markets digested the latest news from the Federal Reserve, which concluded its two-day meeting on monetary policy Wednesday afternoon.
Here's everything moving the Dow today.
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The Dow Jones lost more than 200 points in the first five minutes today.
Markets could finally be reflecting the economic devastation of the pandemic lockdown.
The House of Representatives has pitched a potential $3 trillion stimulus package.
Plus, Gilead Sciences (NASDAQ: GILD) just made progress on its COVID-19 treatment.
Here's everything moving the Dow today.
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Stocks fell sharply today as investors continue to evaluate the United States' ability to reopen the economy.
The Dow, S&P 500, and Nasdaq all closed about 2% lower for the day as the volatility/fear index (VIX) spiked over 14%.
That's even on news that House Democrats unveiled their latest $3 trillion coronavirus relief bill…
Here's what our experts – Chris Johnson, D.R. Barton, Jr., and Shah Gilani – thought about the volatile move today, and which stocks investors should be focusing on to smooth out the bumps in their portfolios.
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The Dow Jones Industrial Average could add more than 200 points today thanks to fleeting concerns about the spread of coronavirus and a focus on earnings reports.
This morning, Chinese television media also reported that a research team at Zhejiang University has found an effective treatment for coronavirus.
However, the World Health Organization (WHO) has said that no real treatment has emerged for the virus just yet. More on these developments below.
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It might be the industry you'd least expect with the economy doing as well as it is.
But the restaurant sector is in deep trouble.
Just look at the list of names that filed for bankruptcy in 2019 despite unemployment at a record low and consumer confidence close to a 20-year high.
It turns out there's an explanation for the recent struggles.
And it's a bad sign for restaurant stocks across the board.
But it's an opportunity for you...
by Daniel Smoot
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2020 is almost here.
And it's lineup of IPOs could make it the biggest year yet for initial public offerings.
In fact, there are at least 10 firms poised to go public in 2020.
And almost all of them have valuations over $1 billion in industries ranging from financial services, mattresses, and even travel and lodging.
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