This Soaring Nasdaq Stock Is Proof That the Market Is Broken

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This Soaring Nasdaq Stock Is Proof That the Market Is Broken

Motley Fool2021-04-01

The lesson is to beware of low-volume stocks. The stock market had a good day on Wednesday, and theNasdaq Composite(NASDAQINDEX:^IXIC)in particular powered markets higher. The Nasdaq was up 1.75% at ...

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Ichua
·2021-04-01
Pop
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LACS
·2021-04-01
AMC$GameStop(GME)$
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Eliastan
·2021-04-01
Huat
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YYTeng
·2021-04-01
Like miy comment back thansk
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- zhen130:
  Pls reply
  2021-04-01
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YYTeng
·2021-04-01
To the moon
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Kanyon
·2021-04-01
Hi
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- Kanyon:
  Sureof cos
  2021-04-03
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- WMIING:
  Comment and like back pls
  2021-04-01
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- Kanyon:
  Hi
  2021-04-01
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Alvinlsm
·2021-04-01
Go go go
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Eagle88
·2021-04-01
Good
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- YongJun:
  I am not bRoken
  2021-04-01
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- Alvinlsm:
  More to come
  2021-04-01
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黄金捡漏官
·2021-04-01
Like n comment please
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- WMIING:
  Return pls
  2021-04-01
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The Nasdaq was up 1.75% at ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/31/this-soaring-nasdaq-stock-is-proof-that-the-market/\">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":".IXIC","symbol_name":"NASDAQ Composite","start_time":0,"source_url":"https://www.fool.com/investing/2021/03/31/this-soaring-nasdaq-stock-is-proof-that-the-market/","article_id":"1173770469","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1173770469","pubTimestamp":1617267371,"sourceInfo":null,"weMediaInfo":null,"summary":"The lesson is to beware of low-volume stocks.\n\nThe stock market had a good day on Wednesday, and the","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".IXIC":"NASDAQ Composite"},"translate_title":"纳斯达克股市的飙升证明了市场已经崩溃","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".IXIC":0.9},"content_text":"The lesson is to beware of low-volume stocks.\n\nThe stock market had a good day on Wednesday, and theNasdaq Composite(NASDAQINDEX:^IXIC)in particular powered markets higher. The Nasdaq was up 1.75% at 2 p.m. EDT, and investors were generally pleased to see that the prospects for economic expansion and recovery look increasingly strong. After a slump,high-growth stocks  looked ready to return to their big gains.\nYet another popular trend lately caused an aberration that shows just how inefficient markets can be. The move affected investors inDiscovery(NASDAQ:DISCA)(Nasdaq: DISCB)(NASDAQ:DISCK), and huge disparities across three different share classes effectively proved that at least in some ways, the stock market is fundamentally broken right now.\nThe big jump\nDiscovery's Series B shares soared more than 70% Wednesday afternoon. They had briefly doubled earlier in the session before falling back.\nDiscovery stock has been in the news lately as all of its share classes have seen big moves. For much of 2021, Discovery has been on the rise amid excitement about its Discovery+ streaming service. 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However, typical trading volume varies greatly. Average volume for Series A and Series C shares amount to 13 million and 9 million, respectively. But a typical day brings just 3,000 shares of trading volume for Series B.\nThat all changed on Wednesday, with more than 1.1 million shares changing hands as of 2 p.m. EDT. Some ascribed the move to the investors at the WallStreetBets investing board onReddit. Others pointed to the possibility of a short squeeze, although short interest as of March 15 was exceptionally low.\nMarket inefficiency is here to stay\nMost of the time, these three share classes trade in similar patterns. The super-voting shares tend to cost a little more than the Series A regular voting shares, which in turn trade at a slight premium to non-voting Series C shares. 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Eventually, prices of all three of these Discovery share classes will converge again -- but it might not happen 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miy comment back thansk","listText":"Like miy comment back thansk","text":"Like miy comment back thansk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/357662118","repostId":1173770469,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3938810,"gmtCreate":1617273931538,"gmtModify":1680782576549,"authorId":3570360623104656,"author":{"id":3570360623104656,"authorId":3570360623104656,"name":"zhen130","avatar":"https://static.tigerbbs.com/553509e2e649eaf0d39f267a7e6de1a1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":357662118,"type":1,"supId":0,"prevId":0,"content":"Pls <u>reply</u>","text":"Pls <u>reply</u>","html":"Pls <u>reply</u>"}],"langContent":"EN"},{"id":357662383,"gmtCreate":1617268380842,"gmtModify":1704698058195,"author":{"id":"3554265492897269","authorId":"3554265492897269","name":"YYTeng","avatar":"https://static.tigerbbs.com/ba5110d4888aea92a508eef32491ccb0","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"To the moon&nbsp;","listText":"To the moon&nbsp;","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/357662383","repostId":1173770469,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":357660577,"gmtCreate":1617267861099,"gmtModify":1704698050415,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/357660577","repostId":1173770469,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3951083,"gmtCreate":1617433221403,"gmtModify":1680782761003,"authorId":3567979712068924,"author":{"id":3567979712068924,"authorId":3567979712068924,"name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":357660577,"type":1,"supId":3938331,"prevId":0,"content":"Sureof cos","text":"Sureof cos","html":"Sureof cos"},{"id":3938331,"gmtCreate":1617268896056,"gmtModify":1680782567849,"authorId":3554213821224025,"author":{"id":3554213821224025,"authorId":3554213821224025,"name":"WMIING","avatar":"https://static.tigerbbs.com/39217f40d9dc4a9a15fac00f34f63d83","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":357660577,"type":1,"supId":0,"prevId":0,"content":"Comment and like back pls","text":"Comment and like back pls","html":"Comment and like back pls"},{"id":3938509,"gmtCreate":1617270709736,"gmtModify":1680782566492,"authorId":3567979712068924,"author":{"id":3567979712068924,"authorId":3567979712068924,"name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":357660577,"type":1,"supId":3938331,"prevId":0,"content":"Hi","text":"Hi","html":"Hi"}],"langContent":"EN"},{"id":357660207,"gmtCreate":1617267852509,"gmtModify":1704698051385,"author":{"id":"3555205227101964","authorId":"3555205227101964","name":"Alvinlsm","avatar":"https://static.tigerbbs.com/dcf5a2c527c5396558784b0c1c3cd9eb","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"Go go go","listText":"Go go go","text":"Go go 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am not bRoken ","text":"I am not bRoken ","html":"I am not bRoken "},{"id":3938224,"gmtCreate":1617267870765,"gmtModify":1680782567166,"authorId":3555205227101964,"author":{"id":3555205227101964,"authorId":3555205227101964,"name":"Alvinlsm","avatar":"https://static.tigerbbs.com/dcf5a2c527c5396558784b0c1c3cd9eb","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":357682432,"type":1,"supId":0,"prevId":0,"content":"More to come","text":"More to come","html":"More to come"}],"langContent":"EN"},{"id":357686686,"gmtCreate":1617267533445,"gmtModify":1704698043885,"author":{"id":"3572914100962667","authorId":"3572914100962667","name":"黄金捡漏官","avatar":"https://static.tigerbbs.com/2502db115d9429d0915bd6e839e8f11e","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like n comment&nbsp;please","listText":"Like n comment&nbsp;please","text":"Like n comment 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