Daniel Foelber (Rivian Automotive): Rivian hasn't even spent 18 months on the public markets, and already the stock has made a name for itself for all the wrong reasons. Its meteoric ascent in November 2021 pole-vaulted its market cap to over $150 billion. Today, Rivian has a market cap of $11.7 billion.
Zacks.com users have recently been watching Zscaler (ZS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The Nasdaq Composite fell into a bear market in late 2021, and it has yet to rebound. Last year, Jim Simons of Renaissance Technologies more than tripled his positions in Datadog (NASDAQ: DDOG) and Zscaler (NASDAQ: ZS). Meanwhile, Ron Baron of Bamco doubled his stake in Datadog, and Steven Cohen of Point72 Asset Management doubled his stake in Zscaler.