Musk-Fueled Rally On TWTR Announcement Furthers The Squeeze
Image Source: Pexels
Elon Musk announced a 9.2% stake in TWTR totaling $2.89B. The news sent TWTR surging over 27% during the session. While the S&P 500 finished 0.88% higher on the session, it was the most-shorted names that regained their posture after fizzling on Friday (FCEL, NNOX, PLUG, GPS, FSR, ATER, COOP).
Video Length: 00:14:40
Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, ...
more
How did you like this article? Let us know so we can better customize your reading experience.
Comments
Leave a comment to automatically be entered into
our contest to win a free Echo Show.
