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Showing posts from June, 2021

Beachbody (NYSE:BODY) IPO: How to buy this fitness stock?

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The Beachbody Company, a California-based fitness enterprise, debuted on Monday, June 28, through a merger with blank check firm Forest Road Acquisition Corp on the New York Exchange (NYSE). Stocks of Beachbody (BODY:US, NYSE:BODY) opened at US$ 13.15 per share and closed at US$ 12.74 apiece on Monday, June 28.   Earlier, shareholders of the special purpose acquisition company (SPAC) voted on Thursday, June 24, to support the US$ 2.9-billion merger deal with Beachbody.  The fitness firm has been around for more than two decades. It transformed its business operations to an online platform in 2017, which turned out to be a key catalyst for its success. Earlier in June, Beachbody CEO Carl Daikeler reportedly claimed that the company is one of the leading players in the fitness industry. Beachbody has 2.7 million active users on its digital platform. The company believes its customer base will expand by 10 to 30 times in a few years, led by its  initial public offe...

What is Internet Computer (ICP) Coin? What is its price prediction?

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Internet Computer (ICP), the crypto token of Zurich-based non-profit research firm DFINITY Foundation, debuted on trading platforms on May 10, 2021. Its price soared to a record high of US$ 737 apiece within a week of its debut. The high spirits, however, did not last long as the token witnessed a massive slump amid the crypto market crash later in May, falling by 85 per cent to US$ 107 per token.  In the wake of the token’s abrupt rise and fall, crypto experts and traders raised concern about insider trading and uncapped token supply, although DFINITY Foundation went on to deny all allegations. ICP token is making a buzz once again among traders as the overall crypto market delves into recovery mode. At present, ICP token’s fully diluted market cap stands at around US$ 20 billion, and it ranks among the top 20 tokens on the CoinMarketCap website.   Let us look at ICP token’s current price movement and predictions. Internet Computer (ICP) coin price prediction:  http...

Top 25 TSX Stocks By Dividend Yield

  alkine’s dividend screener scans for top 25 TSX -listed Dividend Stocks in view of the below factors Driven from the S&P/TSX Composite Index, these are known as high dividend-yielding stocks, with favorable fundamentals and robust financials. •        Each of them come with a diverse range of market caps, belonging to blue-chip, mid-cap and small-cap (above C$ 300 million) segments. •        The list primarily contains stocks that have dividend yields of over five per cent, though, it is not a mandatory criterion. •        The share price fluctuation of these stocks is inversely proportional to their respective dividend yields. •        These stocks have the following periodical forms of dividend distribution: monthly, quarterly, half-yearly and annual. Here’s the list of  TOP 25 TSX DIVIDEND YIELD STOCKS https://kalkinemedia.co...

Beginners Guide to Penny Stocks

  What Are Penny Stocks? Penny stocks  are stocks with lower market capitalisation relative to the other companies; primarily, these are new companies in the publicly traded market. Alternatively, penny stocks are also identified as micro-cap stocks and nano-cap stocks in the US market. As an example, we can look at the metals & mining sector in Australia. Lately, the animal spirit in the sector have been propelling investments, and a lot of development has taken place in the past two-three years. As a result of this, mining services companies have also gained traction, and revenue of these ancillary services companies to mining business has gone up. Ausdrill Limited  ( ASX: ASL )  a mining services company, recently on 29 August 2019, released its full-year results closed 30 June 2019. Interestingly, the revenue of the company witnessed a growth of 89.1% over the previous year attributing to escalated business opportunities. Check How to Buy Penny Stocks and its...

10 Penny Stocks With Staggering Returns To Buy in June

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  Their growth, because of the companies’ generally smaller market capitalization, could turn profitable during periods of a sudden improvement in the business environment. However, penny stocks come with a certain level of risk, which is why investors should look into companies before making their investments. Now, let’s look at some   penny stocks  from various sectors that could offer returns without blocking a chunk of investible money. 1.    Starr Peak Mining Ltd (TSXV:STE) 2.    Desert Mountain Energy Corp (TSXV:DME) 3.    Vitalhub Corp (TSXV:VHI) 4.    Currency Works Inc (TSXV:CWRK) 5.    Vizsla Resources Corp (TSXV: VZLA) 6.    Gold X Mining Corp (TSXV:GLDX) The above constitutes a preliminary view and any interest in stocks should be evaluated further from investment point of view. Read Full Article on Kalkine Media:  https://kalkineme...