![]() ![]() The fourth phase allows outdoor arts and entertainment, sporting events without fans and media production. NEW YORK, NEW YORK - AUGUST 02: A person walks outside Avis car rental in Hell's Kitchen as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on Augin New York City. More than 20% of the shares of Avis Budget and Bed Bath & Beyond are being held by short sellers, aka shorts. (SNDL), have been targets of so-called short sellers. (WKHS) and cannabis company Sundial Growers Shares were up as much as 218% at one point.īed Bath and Beyond skyrocketed nearly 50% in a matter of a few days last week after announcing a partnership to sell some of its products at grocery store chain Krogerīoth Avis Budget and Bed Bath & Beyond have something in common with AMCĪll of these stocks, along with other meme darlings such as BlackBerry But the strength of the stock’s 108% surge the day after reporting results surprised many. (BBBY), have become so-called meme stocks that many professional investors have bet against … and have gotten burned for because of what’s known as a short squeeze.Īvis Budget reported solid earnings last week. ![]() ![]() Several stocks that have enjoyed extraordinary pops lately, such as Avis Budget The individual investor army on Reddit that helped push GameStop and AMC to unprecedented heights earlier this year has found some more companies to rally around. ![]()
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