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Welcome to the Mesh, Brother : Guerrilla Wi-Fi Comes to New York
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Uncharted Launches National Program to Help Cities Solve Last Mile Infrastructure Challenges and Accelerate Smart City Development
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Goodwill in Harlem and beyond is dramatically affecting the bank’s ordinarily sleepy stock, which today soared from $10.58 a share to nearly $39 per share midday before closing at $21.89.
The catalyst appeared to be a post on Reddit’s WallStreetBets forum two days ago. A commentator observed a large portion of Carver’s publicly available shares have been sold short, a bearish bet that pays off when a stock falls in price. The commentator speculated that if bulls bought a lot of shares, the rally could force the bears to buy as well and drive the stock even higher. The scenario, known as a short squeeze, isn’t uncommon among thinly traded stocks. It sent GameStop shares into the stratosphere this year.
Shares in Carver Federal Savings triple as 73-year-old bank becomes the new favorite
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(Richard Levine /Corbis / Getty Images)
Share May 7, 2021 | STATESCOOP
New York City on Thursday took another step toward its goal of providing universal broadband access with an announcement of new partnerships expected to connect an additional 30,000 residents.
Mayor Bill de Blasio’s office announced the city selected five vendors and is in negotiations with a sixth to provide low-cost, high-speed internet access to people staying in 13 of the city’s public housing complexes. The companies Starry, Sky Packets, Silicon Harlem, Flume and NYC Mesh were selected after the city issued a call last June for vendors to participate in the program.