Stay updated with breaking news from Brand group ltd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Share: GameStop Corp. (NYSE: GME) shares jumped Friday after Robinhood completely lifted restrictions on buying shares of so-called meme stocks, including GameStop and AMC Entertainment Holdings Inc (NYSE: AMC). What Happened: GameStop shares have skyrocketed from under $20 to as high as $483 in recent weeks as online communities of retail traders, led by Reddit’s WallStreetBets, orchestrated a buying frenzy in an attempt to trigger short squeezes in some of the most heavily shorted stocks in the market. The short squeeze in GameStop triggered heavy January losses among hedge fund short sellers and ultimately resulted in Robinhood making the controversial decision to temporarily ban and restrict buying in GameStop and other popular meme stocks in recent days. ....
Clovis Oncology Inc (NASDAQ: CLVS) is a biotechnology company. Currently, 42% of the float is short. Senseonics Holdings, Inc. (NYSE: SENS) is a medical technology company; 34% of its float is traded short. VBI Vaccines Inc. (NASDAQ: VBIV) develops vaccines for adults, children and newborns; 20% percent of the float is short. Naked Brand Group Ltd (NASDAQ: NAKD) sells intimate, swimwear and apparel, and 33% of its float is short. Precigen Inc (NASDAQ: PGEN) is a biotechnology company; 35% of its float is short. Opko Health, Inc. (NASDAQ: OPK) is a pharmaceutical and diagnostics company, with 26% of its float short. Lannett Company, Inc. (NYSE: LCI) is a generics pharmaceutical company; 25% of its float is short. ....