OPAD - Hot Stocks: OPAD becomes a meme; DASH CAR BYND move on analyst comments; TKR warns; MDVL opens locations
A new meme stock came into the spotlight in Thursday's pre-market trading. Offerpad Solutions (NYSE:OPAD) soared amid online chatter of a potential short squeeze opportunity. Thursday morning also saw analyst comments stir interest in a handful of high-profile stocks. Both DoorDash (NYSE:DASH) and Avis Budget Group (NASDAQ:CAR) gained ground following upgrades from Bank of America. Meanwhile, Beyond Meat (NASDAQ:BYND) suffered selling pressure in the wake of a downgrade. In other news, MedAvail Holdings (NASDAQ:MDVL) rallied before the bell on news that it is opening SpotRx locations in Florida. Elsewhere, Timken (NYSE:TKR) headed lower in pre-market trading after the industrial-equipment maker warned that supply disruptions and inflationary pressures had cut into its results. Gainers Offerpad Solutions (OPAD) skyrocketed 30% in pre-market trading after it became a hot topic on Reddit's WallStreetBets forum. Commenters pointed to a possible short squeeze scenario. DoorDash (DASH) received an upgrade from Bank of America, which raised
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Hot Stocks: OPAD becomes a meme; DASH, CAR, BYND move on analyst comments; TKR warns; MDVL opens locations