Koss Stock Jumps Another 6% After Soaring 17% Yesterday

Tiger Newspress07-17

Koss shares jumped another 6% in premarket trading on Wednesday after soaring 17% on Tuesday.

Shares of Koss Corp. jumped 16.7% on Tuesday, with the headphone maker caught up in a resurgence of interest in meme stocks.

A few weeks ago, the shares of headphone maker has soared as social media posts speculated that a post by meme stock influencer Keith Gill indicated his interest in the company.

Some followers of Gill, known to his online followers as 'Roaring Kitty', on social media pointed to cryptic images he posted in May of a microphone posted against the backdrop of the U.S. flag. The image was shown as an emoji that scrolled across the end of a video.

Consumer electronics specialist Koss fell then amid fading hype.

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