Browsing Tag:mania

clover-health-rally-escalates-shares-double-on-session-as-reddit-retail-trading-mania-spreads
Passionate day traders sticking to their Reddit forums have found their new favorite destination - Clover Health - which propelled the stock by three-digit numbers on Tuesday.Shares in Clover Health, a Medicare insurance start-up that went public on Chamath Palihapitiya's SPAC, rose more than 100% on Tuesday after rising 32% in the previous session. In the midst of...
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reddit-mania-inflation-risks-are-recipe-for-serious-sell-off-btig
BTIG's Julian Emanuel believes the Reddit frenzy will play a major role in a deep sell-off this summer.On CNBC's "Trading Nation" on Monday, Emanuel compared the current background with the end of January, when the mania ignited all cylinders. Weeks later, wild swings put major indices under pressure as retail investors took profits."We all know the video game...
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