NVAX - Market Rally Leaves WSB Stocks Behind
Stock market indices rallied every day for their best week since early November as coronavirus vaccine news swayed investors' mood. The Nasdaq (COMP) leads major indices with 5% gains for the week. The broader S&P 500 (SP500) is up about 4% for the week, with the Dow Industrials (DJI) adding 3%. Winners & Losers Reddit WallStreetBets’ favorites were some of the biggest losers. GameStop (GME) is down by 72% for the week as of this writing, though shares are trading higher on Friday. Koss Corp. (KOSS) has fallen by 55% this week with National Beverage (FIZZ) giving up 30% and Tootsie Roll (TR) dropping by 19%. Shares of Bed Bath & Beyond (BBBY) are down almost 20%, with AMC Entertainment (AMC) 17% lower. Some of the week’s big losers were heavily-shorted names. iRhythm Technologies (IRTC) is down 30% for the week as reimbursement issues were flagged as a concern for
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Market Rally Leaves WSB Stocks Behind