Elon Musk announced a 9.2% stake in TWTR totaling $2.89B. The news sent TWTR surging over 27% during the session. While the S&P 500 finished 0.88% higher on the session, it was the most-shorted names that regained their posture after fizzling on Friday (FCEL, NNOX, PLUG, GPS, FSR, ATER, COOP).
Musk-Fueled Rally on TWTR Announcement Furthers the Squeeze
Recent Comments