Heavily shorted stocks are ripe for volatility. Regardless of the companies’ current bearish or bullish outlook, there is potential for gains. If the trading activity materializes a short squeeze, these stocks could get a rapid valuation bump as
On September 17th, the company had a major shift in leadership with five new board members appointed alongside David Cote becoming executive chairman, as the former CEO of Honeywell started the year with a Nasdaq delisting notification. On September 6th, the company received “MVPHS Deficiency Letter” letter, standing for Market Value of Publicly Held Shares compliance.
Year-to-date, CNEY stock is down 64%, with the 52-week average price of $0.60. The highest price level in that period was $1.98 per share. Due to reported high debt load and cash burn, CN Energy is likely to experience further shorting. Currently trading at $11 per share, PLCE stock is under the 52-week average of $14.77 per share. Over the last three months, PLCE shares have experienced a 31% rally.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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