Chinese carmaker Kandi has dropped about 30% of its value in the last day and a half. A private placement of $60 million in common stock gets most of the blame.
Meme stocks were lagging along with the broad market, as we all wait to hear the results from the Fed's two-day meeting.
One of the original meme stocks traded up by as much as 80% after markets closed Tuesday, following a series of announcements that could have triggered a short squeeze.
24/7 Wall St. looks at some big analyst upgrades and downgrades that we have seen so far on Wednesday, including BioNTech, Livent, Unity Software, United Airlines, Workhorse and more.
Torchlight Energy stock continues to drop from a recent high posted just last week as the date of its special dividend poses a choice for meme investors.
A couple of meme traders' staples (Workhorse and ContextLogic) were having a tough day Thursday.
As tech companies continued to be out of favor in March, electric vehicle makers saw short sellers piling into their stocks. Traditional automakers, meanwhile, saw a decline in short interest.
Short sellers may be giving up trying to outsmart Tesla shareholders. They have been turning more attention to the country's traditional automakers.
Short interest increased on seven of eight carmakers in the two-week reporting period that ended September 30.
Meme stocks are following the overall market again Wednesday, with more gainers than losers as of midday.
Short interest in electric vehicle makers was evenly mixed in the two-week reporting period that ended October 15. But a couple of truck makers got some bad news Monday.
The reverse merger between Torchlight Energy and Metamaterials is not working out as many Reddit investors had hoped.
EV stocks were losing some of their recent gains, and one biotech has announced a new federal investigation.
Short interest in electric carmakers mostly increased in the two-week reporting period ended November 13. Soaring share prices brought out the short sellers.
Short sellers loaded up on shares of a China-based electric vehicle maker, and a stock split lifted short interest in the world's top maker of EVs.