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Why Hertz Stock Tumbled and Then Recovered Today

The Motley Fool

That was the result of an overdone push into electric vehicles, whose resale values have plummeted, as well as its purchases of gas-powered vehicles a few years ago when their prices were soaring due to supply-chain-related shortages. On the bottom line, the company reported an adjusted loss of $0.68 per share, down from a profit of $0.70

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Why ThredUP Stock Jumped Today

The Motley Fool

What happened Shares of ThredUP (NASDAQ: TDUP) popped today after the clothing resale specialist posted better-than-expected results in its second-quarter earnings report even as growth remains slow and the company is unprofitable. The stock closed up 26.1% on the news. So what Revenue rose 8% to $82.7 Active buyers were down 0.8%

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3 Little-Known Perks of Owning a Hybrid Car

The Motley Fool

You don't need to wait until you file your tax return. The good news is that an iSeeCars study showed that trucks and hybrids depreciate less than other vehicle types. Depreciation has a big impact on the total cost of owning a car. A full hybrid car recharges its electric battery using its gas-powered engine." Even better?

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Is This Good or Bad News for Rivian and Lucid?

The Motley Fool

But those bets turned sour for it when the EV industry's price war shifted into high gear, sapping the resale value of the EVs in Hertz's fleet. Hertz said that weak demand, steep depreciation, and high repair costs forced its hand. The 10 stocks that made the cut could produce monster returns in the coming years.

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Why Opendoor Stock Plunged 34% in April

The Motley Fool

Opendoor's struggles won't end until the housing market improves Opendoor operates an iBuying business, which means it buys properties for resale on its website and provides a digital marketplace for homes. The 10 stocks that made the cut could produce monster returns in the coming years. It sold 3,078 homes for $1.2

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Tesla Makes Money Selling Electric Vehicles, but 86% of Its Earnings Could Soon Come From This Instead

The Motley Fool

Plus, a report by Goldman Sachs suggests consumers are concerned about a lack of rapid charging infrastructure , as well as the declining resale value of EVs in general. See 3 “Double Down” stocks » *Stock Advisor returns as of October 21, 2024 Anthony Di Pizio has no position in any of the stocks mentioned.

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Why Opendoor Stock Plunged 24% in January

The Motley Fool

It makes quick offers on homes without the need for staging and open houses, which benefits sellers, and it makes the necessary home improvements to have homes ready for resale, which benefits buyers. The 10 stocks that made the cut could produce monster returns in the coming years. Revenue was $980 million, down from $3.4

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