next meme stock short squeeze
The explosive price action on meme stocks like AMC NYSE. AMC and Gamestop NYSE.
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Progenity PROG is a biotechnology company that develops molecular testing products in the US.
. But Clover isnt the only stock with high short interest. These five stocks could be the next big meme stocks. 1 day agoShares of GameStop are now up by 287 during the past five trading sessions as the stock continues to see short squeeze-like behavior ahead of its earnings call on June 1st.
OTRK stock surged 13 in early June after becoming a short squeeze candidate. With a market cap of 284 million the company went. GameStop currently has a short interest of about 264.
Driven by popularity momentum and high short interest Wall Street Memes lists three meme stocks that has short squeeze potential in the upcoming month. 1 - Aterian Inc ATER Figure. Our next short squeeze candidate is another biotech 17 billion Inovio Pharmaceuticals ticker INO.
78 Short Percent of Float. 733 6450 Short Interest RatioDays to Cover. Its also possible that small-cap biotech stock Intercept Pharmaceuticals ICPT 090 becomes the next Reddit meme stock.
Higher borrow rates and surging speculative interest around short squeeze potential for GME stock has shares soaring today. The stocks latest meme move occurred after it dropped nearly 40 in October 2021 due to weak Q2 earnings. The meme factor sent it climbing 75 by the end of November.
In all the TLRY stock price has fallen nearly 89 since hitting its. These five stocks could be the. 2 days agoGME stock soared more than 25 earlier in the day as rumors of a potential short squeeze floated across social media.
When the meme-stock mania hit in January rage against the short-sellers peaked. 1 day agoNow short squeeze catalysts could be lurking around the corner. While some bears took cover from efforts to short-squeeze them out of existence many have.
As with a typical short squeeze the short-covering added to the upwards price action. That makes this tech stock a prime candidate for. Borrow rate or the privilege.
GameStop continues to be a strongly shorted stock with short interest levels exceeding 20 of its rather. According to MarketBeat Workhorse has a short interest to float ratio of 358 percent which is high enough. 2 days agoDespite the strong two-day jump in GameStop the stock is down more than 70 from its record high of 483 reached during the epic January 2021 short-squeeze.
The company has recently attracted attention from short-sellers with 325 of its float shorted. Another speculative rally in this meme. A handful of popular short-squeeze stocks seem to be once again on the move in recent weeks.
Driven by popularity momentum and high short interest Wall Street Memes lists two meme stocks that have short squeeze potential in October. Retail traders rely on the power of collective knowledge before selecting the next. This comes atop the big declines it endured earlier this year after its short-lived experience as a meme stock.
Ever since Robinhood HOOD -282 halted trading on meme stocks like GameStop GME -328 and AMC Entertainment AMC -217 at the chaotic apex of Januarys. James a gamer. 3579 Our next company is Blink Charging which operates around 25000.
What stocks could be the next short squeeze candidates. The squeeze on the markets most heavily shorted stocks continued this week as rWallStreetBets followers drove the share value of AMC through the roof. GME in 2021 put the idea of a short squeeze on the minds of retail investors who are.
Investors have also shorted 29 of Lemonade s LMND -892 float. Intercept is the perfect candidate for a short. Inovio has 11 potential drugs in its pipeline with a strong mix of.
In the case of GameStop short sellers lost almost 2 billion collectively over a two-day span in February 2021 as a result of a short squeeze. GME stock which was trading below 20 at the beginning of 2021 hit an intraday high. In conjunction with short squeezes GME became virtually impossible-to-borrow ITB with a rate upwards of 50 in February as just one example.
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