Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / FSLY - Fastly CyberArk named as GameStop style short-squeeze candidates at D.A. Davidson


FSLY - Fastly CyberArk named as GameStop style short-squeeze candidates at D.A. Davidson

Reddit investors have driven a meteoric rise for GameStop shares. D.A. Davidson analyst Rishi Jaluria taps Fastly (FSLY), J2 Global (JCOM), CyberArk (CYBR), and SailPoint (SAIL) as stocks that could become "the next GME."The analyst says the companies are all "attractive short-squeeze candidates" due to the strong underlying fundamentals and relatively high levels of short interest.Fastly's short interest sits at about 16% of the float. Jaluria expects a strong Q4 report next month due to the continuing "stay home" tailwind."Jaluria also expects JCOM to display Q4 strength in February due to the "recovering economic backdrop."SailPoint has "one of the highest" short interests in security, and the company could be a short-squeeze candidate if the Q4 results and guidance in late February show strong demand as expected.CYBR also has strong short interest outstanding with "presumably very strong demand trends," writes the analyst.Movements: FSLY +4%, SAIL -7%, CYBR -3%.Background: Short interest and gamma squeezes: How GameStop’s breakneck rally

For further details see:

Fastly, CyberArk named as GameStop style short-squeeze candidates at D.A. Davidson
Stock Information

Company Name: Fastly Inc. Class A
Stock Symbol: FSLY
Market: NYSE
Website: fastly.com

Menu

FSLY FSLY Quote FSLY Short FSLY News FSLY Articles FSLY Message Board
Get FSLY Alerts

News, Short Squeeze, Breakout and More Instantly...