Bed Bath & Beyond Inc. (NASDAQ: BBBY) skyrocketed over 30% in premarket trading on Monday, August 8, extending the gains the shares made for the ninth consecutive day, gaining over 75% during that stretch.
ກັບ the return of meme trading, one of the initial darlings of retail investors is rising again; at the time of writing, the stock is up 140% over the past month. Shares are still below their meme glory levels from a year ago, with the 52-week trading range for BBBY ການສັ່ນ ລະຫວ່າງ $ 4.39 ເຖິງ 30.14 ໂດລາ.
The stock could still be in short squeeze territory until the high level of ດອກເບ້ຍສັ້ນ surrounding it gets sorted out. At the opening bell, the stock jumped almost 40% gaining $3.26 (39.89%) after seeing an initial 30% climb in the premarket.
For the fundamentals, expectations are for the company to post a loss when it reports earnings sometime in September. As per Ihor Dusaniwsky of S3 Partners, BBBY’s short interest ບັນລຸໄດ້ 52.80% on August 5, despite short sellers sustaining losses of roughly $90 million in August.
BBBY ຕາຕະລາງແລະການວິເຄາະ
Volume is considerably higher in the last couple of days, which is what is usually present during a strong move-up as per the ການວິເຄາະດ້ານວິຊາການ. The short-term trend is positive, while the long-term trend is still negative with 93% of all other ການຊື້ຂາຍຮຸ້ນ in the markets, performing better in the past year than BBBY.
An important resistance area is located at $17.08, while the support line moved to $8.16.
Additionally, analysts rate the shares a moderate sell, predicting that in the next 12 months, the stock could trade at $3.26, -74.53%. ກ່ວາລາຄາການຊື້ຂາຍໃນປັດຈຸບັນຂອງ $12.80 ໃນເວລາທີ່ພິມເຜີຍແຜ່.
How long the meme investors can keep the momentum going is anyone’s guess at this moment; however, less experienced investors and traders should remain vigilant with the shares so as not to pile up losses in a hurry.
ຊື້ຮຸ້ນດຽວນີ້ກັບນາຍໜ້າແບບໂຕ້ຕອບ – ເວທີການລົງທຶນທີ່ກ້າວໜ້າທີ່ສຸດ
ຂໍ້ສັງເກດ: ເນື້ອຫາຢູ່ໃນເວັບໄຊທ໌ນີ້ບໍ່ຄວນພິຈາລະນາຄໍາແນະນໍາດ້ານການລົງທຶນ. ການລົງທຶນແມ່ນຄາດຄະເນ. ເມື່ອລົງທຶນ, ທຶນຂອງເຈົ້າມີຄວາມສ່ຽງ.
Source: https://finbold.com/bbby-gains-140-in-a-month-as-short-sellers-lose-millions-in-august/