Analysis: New meme stocks swing as shorts and retail investors face off again
By John McCrank, Saqib Iqbal Ahmed and Lawrence Delevingne
Reuters
NEW YORK (Reuters) - Recent volatility in a handful of so-called meme stocks is putting the spotlight back on the tussle between individual investors and short sellers, months after a wild ride in GameStop captivated Wall Street’s attention.
Stocks that have notched big swings this month include laser-manufacturer MicroVision Inc, a favorite on Reddit’s popular WallStreetBets forum, whose shares have risen as much as 170% since April 20 before tumbling in recent days.
Biopharmaceutical company Ocugen Inc is up about 110% since April 20 while online video game platform Skillz, which has been added to the portfolio of Cathie Wood’s ARK funds, is up about 45%.
Home / Top News / INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That Class Action Lawsuits Have Been Filed Against and 3D Systems Corporation, Plug Power Inc., SOS Limited, and XL Fleet Corp. and Encourages Investors to Contact the Firm
INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That Class Action Lawsuits Have Been Filed Against and 3D Systems Corporation, Plug Power Inc., SOS Limited, and XL Fleet Corp. and Encourages Investors to Contact the Firm
NEW YORK, April 30, 2021 (GLOBE NEWSWIRE) The law firm of Kirby McInerney LLP reminds investors that class action lawsuits have been filed on behalf of stockholders of 3D Systems Corporation, Plug Power Inc., SOS Limited, and XL Fleet Corp. Investors have until the deadlines below to apply to the Court to be appointed as lead plaintiff in the lawsuit. Additional information about each case can be found at the links provided below.
New meme stocks swing as shorts and retail investors face off again theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ Pomerantz LLP announces that a class action lawsuit has been filed against XL Fleet Corp. ("XL Fleet" or the "Company") (NYSE: XL) and certain.
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in XL Fleet Corp. of Class Action Lawsuit and Upcoming Deadline – XL
April 23, 2021 23:18 ET | Source: Pomerantz LLP Pomerantz LLP New York, New York, UNITED STATES
NEW YORK, April 23, 2021 (GLOBE NEWSWIRE) Pomerantz LLP announces that a class action lawsuit has been filed against XL Fleet Corp. (“XL Fleet” or the “Company”) (NYSE: XL) and certain of its officers. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 21-cv-02171, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired XL Fleet securities between October 2, 2020 and March 2, 2021, inclusive (the “Class Period”). Plaintiff pursues claims against the Defendants under the Securities Exchange Act of 1934 (the “Exchange Act”).