Today’s stock pick update

DraftKings shares dropped as much as 11% this morning after Hindenburg Research announced it had taken a short position against the stock. In a report, Hindenburg said the betting group’s merger with Bulgaria-based SBTech has opened DraftKings up to exposure linked to black-market gaming and money laundering. “SBTech offered DraftKings a turnkey sports book, complete with user management, custo...

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Marathon Digital Holdings Inc (NASDAQ: MARA): Marathon Digital announced today that it is set to join the Russell 2000 Index at the end of the 2021 Russell indices’ annual reconstitution, effective after the open on June 28. “Being added to the Russell 2000 Index demonstrates the immense progress we have made transforming Marathon over the past year,” Fred Thiel, Marathon’s...

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K’s pullback in the last month is good for both short-term traders and value investors

The S&P 500 pushed to a new record close to start this week, while volatility seems to be dropping. That generally calls into question how sustainable short-term, broadly bullish market momentum may be; and given the generally unsettled nature of the market over the last month amid questions about the pace of inflation and whether current monetary policy is finally being too accommodative as economic activity increases, some of that uncertainty is warranted. That uncertainty, in fact is w...

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HyreCar Inc., together with subsidiaries, operates a web-based car-sharing marketplace in the United States. Its marketplace allows car owners to rent their idle cars to ride-sharing service drivers, such as Uber and Lyft drivers. HyreCar Inc. was incorporated in 2014 and is headquartered in Los Angeles, California.


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