BlackBerry Stock Short Squeeze: Reddit Hype Triggers Surge in BB Stock Price
Tuesday, 14 May 2024, 13:40
Reddit Hype Triggers Surge
After GameStop and AMC, BlackBerry stock joins the short-squeeze frenzy with surging options trading activity, driven by social media hype.
BlackBerry Stock Price Analysis
- BB stock hits premarket gains of 24.19%, poised to reach $3.85 after 3.33% weekly and 12.32% monthly increase.
- Retail investors rally against short-sellers, with a short percentage of 8.24% for BlackBerry shares outstanding.
Retail traders take on short-sellers, fueling a surge in BB stock amidst Reddit hype.
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