Meme-stocks stage comeback after Tupperware, Yellow see 800% surge

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Meme-stocks make a comeback after Tupperware and bankrupt Yellow see shares jump more than 800%

soaring, suggesting that investors are growing more comfortable with taking on risk after the broader stock market moved higher.trucking company Yellow has already filed for bankruptcy protection and shut down its operations.But the immense risk of their equity being worthless hasn't scared traders out of bidding both stocks up by more than 800% over the past couple of weeks.

Both rallies have occurred on little fundamental news, and instead appear to have been partly driven by a short-squeeze, in which short-sellers close out their bearish positions by buying back the stock, putting more upward pressure on the stock price.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 729. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Tupperware's and Yellow's stocks have skyrocketed, but don’t confuse them with meme stocksShares of Tupperware and Yellow have soared recently, but they shouldn’t be confused with meme stocks, says Samantha LaDuc, founder of LaDucTrading.com
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Tupperware and Yellow have skyrocketed, but don’t confuse them with meme stocksShares of Tupperware and Yellow have soared recently, but they shouldn’t be confused with meme stocks, says Samantha LaDuc, founder of LaDucTrading.com
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Ripple Locks Massive 800 Million XRP, Here's How Much XRP Company Still OwnsRipple fintech firm has put 800 million XRP back in escrow, revealing in recent report true size of its XRP holdings
Fuente: Utoday_en - 🏆 295. / 63 Leer más »