A Meme Stock Is Born: How to Spot the Next Reddit Favorite
Heavily shorted shares are a common theme among the group. The big stock-price gains often come alongside big drops. While there’s no steadfast definition of what constitutes a meme stock, one common thread across the many names being pitched on social media is a focus on heavily shorted companies. Shares of Reddit iconGameStop Corp.jumped as much as 2,500% in January after day traders noticed its short interest had ballooned to record levels.“I can’t imagine this is going to continue in the sam
Apple to Hold First Product Unveiling of the Year on April 20
-- Apple Inc.’s first product unveiling of 2021 will take place on April 20, the company said on Tuesday.The Cupertino, California-based technology giant dubbed the event “Spring Loaded” in a media invitation. Apple plans to unveil a new iPad Pro line as early as this month, Bloomberg News reported recently. The company has also been working on several other products, including an accessory dubbed AirTags for tracking physical devices and new iMac desktops.Due to the Covid-19 pandemic, the even