Additionally, its important to remember that past performance does not indicate future results. However, doing your own research and making investment decisions based on your individual goals and risk tolerance is essential. On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines. Find Gear Shift Lever stock images in HD and millions of other royalty-free stock photos. The most popular electric car stocks currently include Tesla, Nio and General Motors. Read More: Penny Stocks - How to Profit Without Getting Scammed If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that ’s writers disclose this fact and warn readers of the risks. Get the latest stock news for Nasdaq companies, press releases, financial disclosures and multimedia content. That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. On Penny Stocks and Low-Volume Stocks: With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. Why Is LogicMark (LGMK) Stock Up 31% Today?.Why Is Draganfly (DPRO) Stock Down 17% Today?.You can catch up on all of these matters at the links below! More Wednesday Stock Market News We’ve got everything traders need to know about on Wednesday! That includes the latest news that has shares of Draganfly (NASDAQ: DPRO), LogicMark (NASDAQ: LGMK), and BiomX (NYSEMKT: PHGE) stock on the move today. Investors will want to stick around for more of the most recent stock market news!

SFT stock is down 13.7% as of Wednesday morning. That’s somewhat surprising, considering heavy trading typically follows earnings reports. Only around 36,000 shares have changed hands as of this writing, as compared to its daily average of 451,000 shares. While the stock is down today, it doesn’t come with heavy trading. For the record, Wall Street is expecting Q1 2023 revenue to come in at $105.37 million. This has Shift Technologies expecting revenue for the first quarter of 2023 to range from $56 million to $58 million. The latest earnings report also includes guidance for the coming quarter. Given market dynamics of the auto industry and capital markets, we adjusted our strategy to prioritize balance sheet health, reduce cash burn, and accelerate our path to profitability.” What to Expect From SFT Stock “2022 was a year of significant change for Shift. Jeff Clementz, CEO of Shift Technologies, said the following in the earnings report: To put those in perspective, Wall Street was expecting EPS of -$4.76 and revenue of $75.33 million.

The latest earnings report includes mixed results, with earnings per share of -$2.56 and revenue of $65.57 million. Shift Technologies (NASDAQ: SFT) stock is taking a beating on Wednesday after releasing its earnings report for the fourth quarter of 2022.

Shift car stock symbol