Microvast shares surged nearly 9% in premarket trading.
Heading into a new trading week,Microvast Holdings Inc.,AMC Entertainment Holdings Inc. and Clover Health Investments Corp. are among the stocks seeing the highest interest on Reddit’s r/WallStreetBets forum, as of Sunday night.
Microvast’s shares rose more than 11% on Friday, extending gains to a third straight day amid high interest from retail investors after posters on the WSB forum were criticalof Morgan Stanley analyst Adam Jones’ bearish price target on the stock. A post on the WSB forum has dubbed Microvast a “hidden gem.”
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