Shiba Inu (CRYPTO: SHIB) was popping up more than 3% during Monday’s trading session, the fourth green trading day in a row for the crypto dubbed the “Dogecoin Killer.”
Regional bank stocks suffered steep losses on Monday following the recent collapse of SVB Financial Group (Silicon Valley Bank) (NASDAQ: SIVB), which led to the government stepping in to support depositors.
Potential short squeeze plays gained steam in 2021 and continued through 2022, with new traders looking for the next huge move.
High short interest and a high cost to borrow are among the common traits that could lead to a short squeeze.
Amazon.Com, Inc (NASDAQ: AMZN) and Rivian Automotive, Inc (NASDAQ: RIVN) are in discussions to eliminate the exclusivity part of their electric-van deal.
Sanofi SA (NASDAQ:SNY) has agreed to acquire Provention Bio Inc (NASDAQ:PRVB) for $25.00 per share in cash, representing an equity value of approximately…