Stocks don't get more Meme than Avis

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

OPINION: “A solid quarter doesn’t often result in a stock tripling in the first 90 minutes of a trading day, unless of course it catches fire on social media,” ThorntonMcEnery writes.

Shares of Avis Budget Group Inc. CAR, +108.31% rocketed up as much as 212% on Tuesday thanks to a corresponding surge in social media interest in what may be a rather heavily shorted ticker.

So violent was the action in Avis shares that they managed to push the entire Dow Jones Transportation Average DJT, +6.88% up more than 1,000 points at one point Tuesday. iframe.twitter-tweet { width: 100% !important; } “If any of this is based on Hertz, I’d like to emphasize that no contract has been signed yet,” tweeted Musk, who is also the CEO and founder of Tesla, replying to a tweet that tied Tesla’s price rise price to news that Hertz had agreed to buy 100,000 Teslas.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

ThorntonMcEnery i can assure u this wasn’t wsb

ThorntonMcEnery good

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Goldman Sachs picks 6 global stocks set to pop on 'game changer' climate policiesNew for subscribers: Goldman Sachs picks 6 global stocks set to pop on 'game changer' climate policies. Check out CNBCPro today. Pro horrible
La source: CNBC - 🏆 12. / 72 Lire la suite »