Previous close | 1.8700 |
Open | 2.0000 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 25.00 |
Expiry date | 2024-06-21 |
Day's range | 1.7000 - 2.8000 |
Contract range | N/A |
Volume | |
Open interest | N/A |
GameStop stock is surging in May. There’s no fundamental reason. It looks like another short squeeze.
The recent meme stock moment might be thought of as an indication that exuberance has once again gone too far. But this time, a closer look at seven key meme stocks shows that it might be a perfectly good sign for the market.
There are several factors that contributed to these gargantuan moves, but one is surely the classic short squeeze. While there are some new factors at play in the markets today, the short squeeze has been around as long as shorting stock. Here is how the short squeeze works.