Sunnova Energy Stock (NOVA) Dives 60% on Bankruptcy Warning
Shares of Sunnova Energy International (NOVA) have plunged 60% on March 3 after the solar power company warned about its ability to continue as a going concern.
Discover the Best Stocks and Maximize Your Portfolio:
NOVA stock is currently trading at just $0.66 after management said as part of their fourth-quarter 2024 financial results that the company’s available cash is “not sufficient to meet obligations and fund operations.” Sunnova added that it has hired a financial advisor to assist in the company’s debt management and refinancing efforts.
» Read more about: Sunnova Energy Stock (NOVA) Dives 60% on Bankruptcy Warning »
Read MoreZero-Day Options Hits Trading Record on Trump Turmoil, Robinhood Push
One of Wall Street’s most-popular option trades just got more popular than ever, fueled by Donald Trump’s volatility-inducing policy agenda and a push by Robinhood Markets Inc. to expand its product …
» Read more about: Zero-Day Options Hits Trading Record on Trump Turmoil, Robinhood Push »
Read MoreStock market today: Dow, S&P 500, Nasdaq wobble as Trump tariffs stalk markets
US stocks retreated on Monday as a looming deadline fueled uncertainty around President Donald Trump’s tariff plans and investors looked ahead to the monthly jobs report and key retail earnings.
The S&P 500 (^GSPC) fell 0.2% while the tech-heavy Nasdaq Composite (^IXIC) erased early morning gains to fall 0.4%,
» Read more about: Stock market today: Dow, S&P 500, Nasdaq wobble as Trump tariffs stalk markets »
Read MoreWarren Buffett says tariffs are an economic 'act of war': 'Tooth Fairy doesn't pay 'em'
Podcast host Josh Holmes weighs in after President Donald Trump took to social media to explain his plan to implement tariffs and discusses Elon Musks remarks during the first Cabinet meeting.
Legendary investor Warren Buffett discussed the economic impact of tariffs in a rare media interview published on Sunday.
Read MoreThe Nasdaq Just Hit Correction Territory. History Says The Stock Market Will Do This Next (Hint: It May Surprise You)
The U.S. stock market has stumbled in recent weeks as the Trump administration imposed tariffs on goods imported from Canada, China, and Mexico, potentially starting a trade war. The market has been especially volatile because the White House has wavered on its trade policy, first imposing duties and then delaying or changing the terms.
The Burst
3 Under The Radar Stocks To Buy During a Selloff
Selloffs can look scary at first but they also create excellent opportunities to buy top stocks at discounted prices. As the market falls, it often takes well-managed, successful businesses with it. In many cases, the low prices don’t last long because investors quickly adapt their strategies and start adding strong companies to their portfolios.
Which top stocks should you buy during the current selloff?
» Read more about: 3 Under The Radar Stocks To Buy During a Selloff »
Read MoreThe Ivy
Alert: Billionaire Bets Big On Healthcare Stock with 30% Upside
Investment Alert: Buy Option Care Health (OPCH) Under $25/share
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
Read More