Previous close | 5.45 |
Open | 5.35 |
Bid | 5.30 |
Ask | 5.80 |
Strike | 12.50 |
Expiry date | 2024-01-19 |
Day's range | 5.21 - 5.44 |
Contract range | N/A |
Volume | |
Open interest | 6.42k |
In 2021, the bulls became pigs when they ignored the looming threat of inflation and rising interest rates. Two such stocks are the online lender Upstart (NASDAQ: UPST) and the plant-based meat producer Beyond Meat (NASDAQ: BYND), which still had 31% and 35% of their outstanding shares, respectively, being shorted as of Jan. 12. Upstart's artificial-intelligence (AI) powered lending platform helps banks, credit unions, and auto dealerships approve loans with nontraditional data points like a person's education, grade-point average, standardized test scores, and work history.
Shares of Oatly may be down more than 88% since its IPO in 2021, but one analyst expects the plant-based beverage giant to see a turnaround in 2023.
While not a mind-blowing move, it is good to see that the Beyond Meat, Inc. ( NASDAQ:BYND ) share price has gained 15...