Vinco Ventures Traps Shorts, Options Traders Bet Big On Squeeze Potential
Vinco Ventures, Inc (NASDAQ: BBIG) on Monday gapped up 71% higher and opened at the $9.10 level amid speculation the stock was the latest target of a short squeeze.
Benzinga Pro’s Top 5 Stocks To Watch For Tuesday, Aug. 31, 2021: HOOD, GSAT, BBIG, PYPL, FNKO
Today's 5 Stock Ideas:
Robinhood (HOOD) - Shares closed down 7% on Monday and continued lower Tuesday. A report from Dow Jones suggested SEC Chair Gary Gensler indicated banning payment for order flow
48 Biggest Movers From Yesterday
Gainers
RenovoRx, Inc. (NASDAQ: RNXT) climbed 107.8% to close at $16.02 on Monday after the company was granted FDA clearance for ‘Catheter, Intravascular Occluding, Temporary.’ The company recently priced its IPO at $9 per unit.
Mid-Afternoon Market Update: Affirm Shares Jump Following News Of Amazon Partnership; Adtran Shares Drop
Toward the end of trading Monday, the Dow traded up 0.02% to 35,462.17 while the NASDAQ rose 1.02% to 15,283.07. The S&P also rose, gaining 0.59% to 4,535.90.
Mid-Day Market Update: Nasdaq Jumps Over 100 Points; Astra Space Shares Plunge
Midway through trading Monday, the Dow traded up 0.10% to 35,490.10 while the NASDAQ rose 0.85% to 15,258.38. The S&P also rose, gaining 0.59% to 4,536.02.
5 Short Squeeze Candidates To Watch: Support.com, Vinco Ventures And More
Potential short squeeze plays have gained steam in 2021 with an influx of new retail traders in the market.
Mid-Morning Market Update: Markets Mixed; Catalent To Acquire Bettera
Following the market opening Monday, the Dow traded down 0.13% to 35,408.32 while the NASDAQ rose 0.61% to 15,221.76. The S&P also rose, gaining 0.32% to 4,523.75.
You Ask, We Analyze: Vinco Ventures Stages Massive Short Squeeze
On Sunday evening, Benzinga asked its followers on Twitter which stocks they’re focusing on for the week. From the replies Benzinga selected one ticker for technical analysis.