Trading Ideas
Butterfly Stock Overview: Innovation and High Expectation
Butterfly stock is on the rise as the company prepares to release its full year financial results for 2020. This is great news for investors after a volatile start to the year for the digital health company. However, will Butterfly Network (NYSE: BFLY) continue to soar over the coming weeks?
Butterfly Stock History and Projections
Butterfly Network went public on the New York Stock Exchange through a merger with a SPAC called Longview Acquisition Corp. on February 16, 2021. The deal valued the company at $1.5 billion.
Within days of the merger, Butterfly stock hit an all-time high of $29.13. But market volatility …read more […]
How Does The Derivatives Market Work?
The derivatives market doesn’t deal with fungible assets. Instead, it’s a secondary market focused on the volatility of capital markets and assets. As the name implies, the financial products traded in this market are derivations of underlying values. It’s also a market steeped in volatility. Not only is there price fluctuation in the underlying assets, derivative buying and selling also generates volatility.
Derivatives are largely seen as speculative investments. This market caters to hedgers, speculators, margin traders and arbitrageurs. Derivative investors typically have a specific reason for participating in this market. For example, one might buy a futures contract to …read more […]
