Vinco Ventures Inc.
NASDAQ: BBIG
$0.00
-$0.02 (-85.0%)
Closing price April 18, 2024
While markets remained mostly calm Wednesday, there were some meme stock movers and we could see more action Thursday as some traders and investors get a head start on the long holiday weekend.
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One meme stock is continuing its torrid pace of adding to its share price while three others are struggling a bit.
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The latest data on short selling and meme stocks indicates that short sellers have been creamed so far this year, thanks mainly to a couple of bad weeks in January and February.
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Short squeezes on a couple of heavily shorted stocks have been returning nice profits for investors taking the other side of the bet. How long will it last?
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Trading volume continues to be lower than average but that is not keeping some popular stocks from posting some gains.
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Alibaba is one of the most-discussed stocks on social media. The shares have been battered recently by threatened changes to Chinese regulations. Some of those new rules may be coming into play...
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