Wirecard Stock Crashed 85% in Just 3 Days: Is Now the Time to Buy?

Wirecard Stock Crashed 85% in Just 3 Days: Is Now the Time to Buy?

Wirecard stock bombed by as much as 50% today after the company admitted that the $2.1 billion missing from its balance sheet might not exist. The collapse of its share price may appear to offer an enticing opportunity to speculators. But analysts warn against any such move, noting that the accounting scandal casts doubt over…

A Sudden JPMorgan Warning May Rattle Nervous Stock Market Investors

A Sudden JPMorgan Warning May Rattle Nervous Stock Market Investors

JPMorgan thinks the U.S. stock market will see a different dynamic in the next six months. Strategists predict individual stocks will see less correlation, as fear of missing out (FOMO)-driven sentiment subsides. Struggling sectors with weaker fundamentals and financials like the airline industry are expected to see a steeper downtrend. JPMorgan thinks the U.S. stock…