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.
With its small audience and limited growth potential, Skillz will not be very attractive to advertisers. Meanwhile, the valuation of SKLZ stock is huge.
Don't count on Marin Software to stay at this elevated valuation level. MRIN stock is likely to fall much further given that it is burning cash and has just over four quarters of cash left.
Yet, with millions in the U.S. not vaccinated, and uncertainty over the effectiveness of the current vaccines against this variant? Travel stocks, still priced based on "pent up demand," and a fast "return to normal," may be in for big declines in the second half of 2021. So, ahead of possible continued pullback, which travel stocks should you take profit on? If you own any of these seven vaccine recovery winners, it may be high time to cash out:
American Airlines (NASDAQ:AAL)
Airbnb (NASDAQ:ABNB)
Caesars Entertainment, Inc. (NASDAQ:CZR)
OneSpaWorld (NASDAQ:OSW)
Marriott International (NYSE:MAR)
MGM Resorts International (NYSE:MGM)
Royal Caribbean (NYSE:RCL)
Marathon Digital Holdings, which specializes in mining Bitcoin and other cryptocurrencies has enjoyed a spectacular run in the past six months. Year-to-date, MARA stock is up 186% at $31.49 a share. However, the company's stock price peaked at $57.75 a share in April. Since then, the share price has fallen 46%. Not surprising, the decline in Marathon Digital's stock has mirrored the fall in various cryptocurrencies.
