This story is available exclusively to Insider subscribers.Data provider Fintel has identified five heavily shorted stocks as candidates for a short squeeze.
Marin is regarded by Fintel as the most likley stock on the list to experience a short squeeze this week.A risk-off mood entered the wider stock market on Monday as investors weighed the impact of COVID-19 variants on the global economic recovery.
The two highest-profile examples were GameStop and AMC Entertainment, both of which skyrocketed as retail investors led a buying frenzy and made millions at the expense of hedge funds, which are often responsible for much of the shorting activity.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
These stocks report earnings in the week ahead, and history says to stay awayNew for subscribers: These stocks report earnings in the week ahead, and history says to stay away. Check out CNBCPro today.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks end a wobbly week lower, breaking 3-week win streakStocks ended a wobbly week broadly lower, with a good part of Friday's loss attributable to weakness in big technology companies like Apple and Amazon I just made a successful trade with Investor_Teri I usually see a lot of great and prestigious comments on how effective she operate. Then I reluctantly give it a try she is really transparent because it works as planned, I'm really excited and still hoping for more wins. I know we all probably must have heard about Bitcoin but don't know how it works, I tried it in a week ago by a woman who recommended me to Lucille610406 here on Twitter she guides me through and i made a return of $20,105 after a week of trading connect with her Lucille610406
Source: latimes - 🏆 11. / 82 Read more »
Morgan Stanley says it's time to invest in the UK — and names its favorite stocksU.K. stocks looks cheap compared to their global peers, according to Morgan Stanley, who gave a number of reasons why it's where investors should be putting their money. Pro wow Pro UK case counts spiking right during reopening of the country. Nope
Source: CNBC - 🏆 12. / 72 Read more »
Robinhood is seeking a market valuation as high as $35 billion in upcoming IPORobinhood is seeking a market valuation of as much as $35 billion in its upcoming initial public offering, according to an amended SEC filing. 😳😳😳 shady af. that’s a “don’t buy” as cramer would say. Looks like they should seek out a company barber who won’t make them all look like Steve Perry telling me to don’t stop believin’.
Source: CNBC - 🏆 12. / 72 Read more »