SeaWorld Entertainment Inc. (SEAS) is facing a whale (technically, an orca) of a problem. Since the 2013 release of the documentary “Blackfish,” which targeted SeaWorld theme parks, claiming that undersized orca enclosures promoted aggressive behavior (which led to the deaths of many trainers), the company’s stock has literally been sinking.
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Lululemon's Tight Squeeze
Lululemon (LULU) founder Dennis “Chip” Wilson is no stranger to controversy. In fact, the man who founded the yoga pants retailer has been berated by the public for comments he's made about Lululemon customers and board members. Thus, in an effort to patch his tense relationship with Lululemon's board of directors, and shareholders, Wilson agreed to sell roughly half of his 28% stake in the company.
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The Fed's "Easy Money" Policy
Over the last several years, there has been a growing discrepancy between America's booming stock market and its sluggish macroeconomic growth. Even as GDP inches upward and the unemployment rate "declines" — due to a substantial drop in labor participation — the bull market has charged forward.
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Activision Blizzard Set To Soar
In what has so far been a fairly unexciting year for tech stocks, Activision Blizzard Inc. (ATVI), the largest American video game company, is wowing investors. Activision Blizzard is best known for its multiple franchises, including “Call of Duty” and “World of Warcraft,” as well as the popular “Skylanders” figurine-to-console collection.
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Apple's iPhone 6
For the past few years, from an innovation standpoint, Apple (AAPL) has been marred by a lackluster reputation. Since Steve Jobs passed away, Apple has failed to produce iconic, revolutionary devices. Instead of developing new technology, Apple has, to its credit, tweaked existing products.
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That Tinder Hype
In September 2012, six developers pursued an idea for a location-based iOS dating application centered around college students. Not one year later, and Tinder has won TechCrunch’s Crunchie Award for “Best New Startup,” as it soon became a worldwide phenomenon. Even by Silicon Valley standards, such an ascension is seemingly rare.
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Keep Calm & Invest
The past few weeks have seen a sharp decline in stock prices, across the board, despite strong performance by a number of reputable companies and sectors. But despite the sudden change in direction, investors should not panic. The recent pullback in the markets, so far, resembles what is known as a “correction.”
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