BBIG - Vinco Ventures skyrockets on big day for meme stocks
Shares of Vinco Ventures ( NASDAQ: BBIG ) rose 86% in afternoon trading on a high-volume move that was not linked to any specific corporate development.
After opening at $0.67, shares of BBIG rose to as high as $1.42 before settling back to $1.32. The stock has already been halted four times for volatility along the way.
The big pop for Vinco Ventures ( BBIG ) on Tuesday coincided with a broad rally in meme and highly-shorted stocks.
Seeking Alpha author Marel made a more fundamental case for the upside on Vinco Ventures ( BBIG ) earlier in the summer.
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Vinco Ventures skyrockets on big day for meme stocks