ATER - Hot Stocks: Meme stock resurgence; BBIG ATER SPRT ROOT rally on retail interest short squeezes; AMC climbs
Monday's midday trading saw meme stocks return to center stage. A handful of names got a massive boost on retail interest and short squeezes. Vinco Ventures (NASDAQ:BBIG), Aterian (NASDAQ:ATER), Support.com (NASDAQ:SPRT) and Root (NASDAQ:ROOT) all saw substantial gains amid social-media discussions and the targeting of vulnerable shorts. Meanwhile, the old meme-stock favorite AMC Entertainment (NYSE:AMC) got in the action as well, staging its own rally during the day. Vinco Ventures (BBIG) saw a massive pop in midday action, amid significant chatter on online forums Stocktwits and Reddit's WallStreetBets. Shares were up 43% on the session, touching a new high of $10. Aterian (ATER) also experienced a massive rally in Monday's intraday trading. Shares jumped 19% as social media discussions ramped up about a potential short squeeze. This added to a 47% advance seen in the previous session. Support.com (SPRT) continued its recent momentum on Monday. The stock advanced 34% on
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Hot Stocks: Meme stock resurgence; BBIG, ATER, SPRT, ROOT rally on retail interest, short squeezes; AMC climbs