What Is a Meme Stock? Workhorse May Be the Newest One.

Barrons2021-06-03

Shares of Workhorse are surging after big gains Wednesday in a sign that the electric-van maker is becoming a meme stock. But what is a meme stock, anyway? Workhorse (ticker: WKHS) shares rose almost ...

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Comments

HuGang3166
2021-06-06
HuGang3166
I think workhorse will rebound, as they are really developing something new, and the recent squeeze will push it to rebound faster!
Machine23
2021-06-04
Machine23
Please like and comments.Thank u
Jie111
2021-06-04
Jie111
like my comment olss
shaunthehuat
2021-06-04
shaunthehuat
Screw the meme pls like and commebt
- ty91:
  Comment and like
Alihuat
2021-06-04
Alihuat
Almost bought last time...
- ty91:
  Hahaha
- Jie111:
  Like my comment
BerySu
2021-06-04
BerySu
Waiting for the drop
- tigfer1123:
  haha me too

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Workhorse May Be the Newest One.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-03 22:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/what-is-a-meme-stock-workhorse-51622728137?mod=hp_LEAD_2_B_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Workhorse are surging after big gains Wednesday in a sign that the electric-van maker is becoming a meme stock. But what is a meme stock, anyway?\nWorkhorse (ticker: WKHS) shares rose almost ...</p>\n\n<a href=\"https://www.barrons.com/articles/what-is-a-meme-stock-workhorse-51622728137?mod=hp_LEAD_2_B_2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GME","symbol_name":"游戏驿站","start_time":0,"source_url":"https://www.barrons.com/articles/what-is-a-meme-stock-workhorse-51622728137?mod=hp_LEAD_2_B_2","article_id":"1104109967","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1104109967","pubTimestamp":1622731591,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Shares of Workhorse are surging after big gains Wednesday in a sign that the electric-van maker is b","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GME":"游戏驿站","EXPR":"Express, Inc.","WKHS":"Workhorse Group, Inc.","BB":"黑莓","AMC":"AMC院线"},"translate_title":"什么是模因股票？Workhorse Group,Inc.可能是最新的一个。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMC":0.9,"BB":0.9,"EXPR":0.9,"GME":0.9,"WKHS":0.9},"content_text":"Shares of Workhorse are surging after big gains Wednesday in a sign that the electric-van maker is becoming a meme stock. But what is a meme stock, anyway?\nWorkhorse (ticker: WKHS) shares rose almost 20% Wednesday and were up another 37% in early trading Thursday, briefly breaking $17 a share. The S&P 500 and Dow Jones Industrial Average, for comparison, were down 0.5% and 0.3%, respectively.\nThere isn’t much news to pin the gains on. One of the more recent research reports mentioning the company came in late May from Cowen analyst Jeffery Osborne. A wrapup of his overall coverage, it pointed out that Workhorse had a high short-interest ratio, which compares the number of shares borrowed and sold short by bearish investors betting on price declines with the total available for trading.\nThe ratio for Workhorse was 43% as of Thursday. That’s very high. The average short-interest ratio for stocks in the Russell 2000 small-capitalization index is about 7%.\nA high short-interest ratio usually means something is going wrong at a company. 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Of course, if a stock price never reaches the level embedded in a call option, which gives the holder the right to buy a stock at a fixed price, then the owner loses their money. The option contract expires worthless.\nWorkhorse’s call-option volume is up more than 330% over the past five days.\nNow that it is a meme stock, where can Workhorse go? That is tough for investors to predict. Investors and traders do fundamentally different things. Investors are concerned with earnings, cash flow, and business strategy. Traders are concerned with stock-price momentum and technical charts.\nFor now, Workhorse stock is in the hands of traders. Don’t expect fundamentals to matter much.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":115003006,"gmtCreate":1622938337405,"gmtModify":1704193357785,"author":{"id":"3574671095836888","authorId":"3574671095836888","name":"HuGang3166","avatar":"https://static.tigerbbs.com/1eec1ffec53cf574f9f59bc64caabf88","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"I think workhorse will rebound, as they are really developing something new, and the recent squeeze will push it to rebound faster!","listText":"I think workhorse will rebound, as they are really developing something new, and the recent squeeze will push it to rebound faster!","text":"I think workhorse will rebound, as they are really developing something new, and the recent squeeze will push it to rebound faster!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/115003006","repostId":1104109967,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":116067985,"gmtCreate":1622766641047,"gmtModify":1704190687570,"author":{"id":"3574907279320575","authorId":"3574907279320575","name":"Machine23","avatar":"https://static.tigerbbs.com/4e7c812dbe184947690c36d45b6469be","vip":1,"crmLevel":6,"crmLevelSwitch":1},"htmlText":"Please like and comments.Thank u","listText":"Please like and comments.Thank u","text":"Please like and comments.Thank u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116067985","repostId":1104109967,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":118785040,"gmtCreate":1622762470080,"gmtModify":1704190537163,"author":{"id":"3582177967058391","authorId":"3582177967058391","name":"Jie111","avatar":"https://static.tigerbbs.com/3d96b6a1d93c30b6f4c32a5b15b3847d","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"like my comment olss&nbsp;","listText":"like my comment olss&nbsp;","text":"like my comment olss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118785040","repostId":1104109967,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":118790552,"gmtCreate":1622760867276,"gmtModify":1704190487597,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Screw the meme pls like and commebt","listText":"Screw the meme pls like and commebt","text":"Screw the meme pls like and commebt","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/118790552","repostId":1104109967,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4568932,"gmtCreate":1622761107421,"gmtModify":1635338150509,"authorId":3579421475844844,"author":{"id":3579421475844844,"authorId":3579421475844844,"name":"ty91","avatar":"https://static.tigerbbs.com/6d9451c5894d6ca0b4485bad0568f720","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches 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