Marin Software Inc (NASDAQ: MRIN) shares are trading lower by 35.6% at $11.15 Wednesday morning amid profit-taking after the stock surged Tuesday on Reddit-driven momentum.
Shares of Exela Technologies, Inc. (NASDAQ: XELA) may run into a wall of sellers if they reach the $3 level.
In January and again in February, XELA ran into resistance around $3.00. A downtrend followed each time.
Shares of crypto-related stocks Marathon Digital Holdings Inc (NASDAQ: MARA) and Riot Blockchain Inc (NASDAQ: RIOT) are trading lower by around 3% amid a decrease in the price of
SoFi Technologies Inc. (NASDAQ: SOFI) and Clover Health Investments Corp. (NASDAQ: CLOV) are the two stocks seeing sky-high interest on Reddit’s r/WallStreetBets forum.
Coupang Inc. (NYSE: CPNG) shares traded higher Tuesday after retail traders were able to push the stock higher. The stock has been recently hot with traders in Reddit’s WallStreetBets subreddit, and these are likely the retail traders who have pushed the stock.
U.S. indices had a mixed day of trading Tuesday as investors continue to weigh President Joe Biden’s infrastructure deal with a bipartisan group of senators.
Marin Software Inc. (NASDAQ: MRIN) shares were trading higher Tuesday after the stock was caught by Reddit retail traders. The stock was found by traders who patrol the WallStreetBets subreddit and was pumped throughout the day. The stock was also trending on social media sites such as StockTwits.