These 3 "High-Risk" Stocks Just Made Massive Moves

Here’s a quick breakdown… Published By Money & Markets, LLC. June 29, 2024 Published By Money & Markets, LLC. June 29, 2024 [Turn Your Images On] These 3 "High-Risk" Stocks Just Made Massive Moves Editor's Note: Every week, you watch stocks from industries across the board pop (or drop), but you may wonder if it's time to buy in. That's what today's Money & Markets Daily is all about. We'll show you some of the week's biggest movers and then run them through Adam O'Dell's proprietary Green Zone Power Ratings to see how they stack up. - Rivian Automotive Inc. (Nasdaq: RIVN): A blockbuster deal juiced the electric vehicle market this week. Volkswagen announced a plan to invest up to $5 billion in Rivian, an EV startup, and investors bit on the news. Shares of ["High-Risk"]( RIVN rocketed from around $12 per share to $18.43 in aftermarket trading on Tuesday before trending lower again to close out the week around the $13 level. - Walgreens Boots Alliance Inc. (Nasdaq: WBA): It was a rough week for the pharmacy chain that seemingly dots every other street corner in the U.S. The company slashed future earnings guidance for the second time this year — from a range of $3.20 to $3.25 earnings per share down to between $2.80 and $2.95. It also said only 75% of its stores are profitable, pointing to more closures ahead. Shares of the ["High-Risk"]( stock tanked 22% on Thursday. Yahoo! Finance noted it was WBA's worst trading day in more than four decades. - Carnival Corp. (NYSE: CCL): We featured CCL in Monday's Money & Markets Daily as an "earnings call to watch." The budget cruise line surprised analysts to the upside again, with profits for the second quarter of 2024 with adjusted earnings per share at $0.11 when analysts expected a loss. Investors pushed the stock almost 15% higher by the end of the week, but this stock still rates ["High-Risk"]( in Green Zone Power Ratings. It's got a long road to recovery still… — The Money & Markets team --------------------------------------------------------------- Top Research From the Last Week [Turn Your Images On]( [Will This Week’s Debate Rock Your Portfolio?]( [Turn Your Images On]( [Can Chipotle Stock Run Higher After Its 50-to-1 Split?]( [Turn Your Images On]( [My 5-Second Solution to Beat the Market 3-to-1]( [Turn Your Images On]( [Why It Doesn’t Matter Who Wins This Election]( --------------------------------------------------------------- [Turn Your Images On]( Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. 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To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: [( Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets permits editors of a publication to recommend a security to subscribers that they own themselves. However, in no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. Any exit after a buy recommendation is made and prior to issuing a sell notification is forbidden. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. (c) 2024 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. 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