Today's Market

Why are stocks up (or down) and what does the latest Nvidia news mean? Today’s Market will answer those questions and keep you informed about big stock market movers. We’ll also tell you about the latest Fed moves, what stocks Warren Buffett is buying, and which stocks look primed for a short squeeze. Today’s Market is the perfect pairing of InvestorPlace’s expert financial advice and critical stock and crypto news.

Top Stories

Market News

Fisker Slashes EV Prices by as Much as 39% as Shares Continue to Plunge

FSRN stock is sinking again after the automaker announced price cuts of up to 39% for its Ocean electric vehicle (EV).

Trump Media (DJT) Stock Jumps 18% in Second Trading Day

Trump Media & Technology stock is on the rise Wednesday as shares of DJT continue to rally for the second day after going public.

Trump Media Pop Is Giving DJT Stock Short Sellers a Run for Their Money

DJT stock surged higher this week amid an extremely high cost to borrow fee. Its short interest tallied in at 11.69% as of yesterday.

Hedgeye Warns That Reddit (RDDT) Stock Will Fall 50%

Reddit stock is a hot topic among traders on Wednesday after one analyst warns that RDDT could give up 50% of its gains.

Wedbush Just Cut Its Price Target on GameStop (GME) Stock

A Wedbush analyst has lowered his GME stock price target after disappointing Q4 earnings. But his take has a dark prediction for GameStop.

Why Is Gamida Cell (GMDA) Stock Down 82% Today?

Gamida Cell stock is falling on Wednesday with heavy trading of GMDA shares after the company announced plans to go private.

Joann (JOAN) Stock Plunges Ahead of Nasdaq Suspension

Joann stock is falling on Wednesday as investors prepare for shares of JOAN to stop trading publicly tomorrow due to a delisting.

NIO Stock Alert: Nio Slashes Delivery Outlook on Weak Demand

Nio (NIO) stock is in focus amid an EV market glut. Even long-standing Chinese brands are fighting to keep up with low-priced cars from BYD.

Canada Goose Layoffs 2024: What to Know About the Latest GOOS Job Cuts

Canada Goose layoffs are in the news Wednesday as the luxury apparel company prepares to cut 17% of its corporate employees.

RENT Stock Alert: Rent the Runway Preps for a 1-for-20 Reverse Stock Split

Rent the Runway stock is falling on Wednesday after the company announced a one-for-20 reverse split for its shares coming in April.

Why Is iBio (IBIO) Stock Up 125% Today?

IBIO stock is soaring after the firm announced that it would launch a partnership based on AI and obesity treatments. 

XPEV Stock Alert: XPeng Announces Thailand Expansion

XPeng stock is falling on Wednesday even as XPEV investors learn of a new expansion plan to bring its G6 EV to Thailand.

HOOD Stock Pops as Robinhood Debuts a New Credit Card

Robinhood's recent success shows that animal spirits and fear of missing out (FOMO) are returning among small investors.

Why Is Velo3D (VLD) Stock Down 34% Today?

Velo3D stock is falling on Wednesday as investors in VLD shares react to the company's earnings report for the fourth quarter of 2023.

Why Is Direct Digital (DRCT) Stock Down 45% Today?

Direct Digital stock is falling hard on Wednesday as investors in DRCT react to the company's lackluster earnings report for Q4 2023.

Trade of the Day: Southland (SLND) Stock Rises on Infrastructure Concerns

Southland’s engineering business has come into focus due to concerns about infrastructural vulnerability, making SLND stock a relevant buy.

Why Is Destiny Tech100 (DXYZ) Stock Up 41% Today?

Destiny Tech100 stock is up on Wednesday as shares of DXYZ rally higher after the investment company's public debut on Tuesday.

Why Is MariaDB (MRDB) Stock Up 82% Today?

MariaDB stock is up on Wednesday as shares of MRDB experience heavy trading on a possible acquisition offer from Progress Software.

Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Wednesday

It's time to dive into the biggest pre-market stock movers for Wednesday morning as we check out all of the hottest news!