TR - Virgin Galactic and iRobot among stocks rallying in all-out assault on shorts
The stock market is seeing a huge amount of buying action in stocks that have been heavily shorted over the last few months. Tootsie Roll Industries (TR) is up 52.95% in early trading. Dillard's (DDS) is 22.1% higher. Express (EXPR) is adding to its gains with a jump today of 123.68%. National Beverage (FIZZ) is soaring with a 39.05% jump already. iRobot (IRBT) is 33.85% higher to carve out a new 52-week high of $175.35. Virgin Galactic (SPCE) is 4.25% higher and is now up 34% over the last five sessions. GSX Techedu (GSX) blasted 33.89% higher to reach a new high. Tanger Factgory Outlet Centers (SKT) is up 24.72% as shorts are being pressured. Ground zero for the short squeeze sensation is GameStop. Seeking Alpha's Kim Khan outlined the GameStop saga in detail.
For further details see:
Virgin Galactic and iRobot among stocks rallying in all-out assault on shorts