Stocks can plunge for any number of reasons — investors may need to raise cash for large milestone purchases, or algorithms could be triggered by stop losses which create massive selloffs. Whatever the case, InvestorPlace’s journalists weed out the markets’ losers, keeping you informed of which stocks to cash out of before they come crashing down.
Stocks to Sell
With weak financials, an unfocused business plan and a scathing Hindenburg report, SOS stock has a lofty valuation at best.
From cash traps to reverse splits, AHT stock has so many things going wrong for it, and there's no reason to take it seriously.
Robinhood has put up some impressive growth numbers. But the valuation of HOOD stock is insane, and Robinhood is plagued with problems.
PLTR stock has numerous issues. Chief among them is meme stock status, Q1 report woes, Bitcoin on the mind, and client diversity.
Exela cut its debt and interest costs, but XELA stock is still not a buy. XELA stock has a lifeline with its new cash balance but the company needs to drastically cut its debt to stay alive.
A stock is overvalued when it falls 51%. Penn National Gaming is now trading under $70. I’d wait to buy PENN stock in the mid-$50s.
SPRT stock may have gone up too far, too fast as frenzied retail traders bet on a smooth, cryptocurrency-focused business combination.
The circumstances that shot MRIN stock to the moon a month ago aren't likely to repeat anytime soon. Expect share prices to fall even more.
Investors should avoid SOS stock until it drops to its cash per share. Wait until SOS stock falls to between 56 cents and 70 cents per share, or its cash per share, before buying in.
Investors have become wary of the risks surrounding Atossa's pipeline. That caution will continue pulling down ATOS stock
Carnival is unable to gain momentum during the peak summer season
Thanks to the volatility of SPCE stock, day traders can make serious profits over a short frame but this condition might not last.
SNDL stock is a speculative bet on the cannabis industry. Its financial performance and valuation do not support it as a buy at all.
ViacomCBS is behind in the streaming wars, and its cable TV and movie businesses are becoming obsolete. This is a bad time to own VIAC stock.
While NIO stock bounced back from its Q1 disappointment, the upcoming Q2 report will be crucial in setting the framework.
UBER stock could be in big trouble or on the cusp of great success but it's best to steer clear for the time being.
Bionano could become a decent testing company within its niche. However, BNGO stock has run far ahead of the company's fundamentals.
In a churning market like this, you want to steer clear of stocks that are floundering. Here are sevens stocks to avoid today.
Zomedica has become a slow-motion train wreck. ZOM stock investors should look for alternatives to the animal diagnostics firm.
Marin's financial results are unimpressive and meme stocks are weakening, making MRIN stock unappealing at this time.