KOSS - After a punishing week Reddit stocks remain well above pre-squeeze levels: Alpha Tactics
Stocks that experienced the big short and gamma squeezes avoided another major selloff on Friday, putting in a mixed performance.GameStop (GME) closed Friday up 19%. AMC (AMC) fell 3.7%, Koss (KOSS) rose 6.3% and Express (EXPR) lost 5%.GameStop closed the week down 80% and it’s down 82% from its closing high of $347.51. It’s down about 2% from when the squeeze really started in earnest and up 62% from when Citron delivered its short call. (Citron called for the stock to drop by about 50% to $20 per share.)AMC is off 48% for the week, down 66% from its peak, but it’s still up 95% since the squeeze began.Koss is down 69% from the week and from its recent high. It’s gained nearly 500% from the retail enthusiasm.Express is down 48% for the week, off 67% from its high and up 74% from the start of the squeeze.While selling could
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After a punishing week, Reddit stocks remain well above pre-squeeze levels: Alpha Tactics