Why Missfresh Limited Stock Jumped Today
Shares of Missfresh Limited (NASDAQ: MF), a Chinese fresh-food retailer, were soaring today even though there was no news out on the stock. Instead, the movement looked like a short squeeze or a possible case of mistaken identity as a non-fungible token (NFT) with the same ticker launched today.
As of 2:48 p.m. ET on Wednesday, the stock was up 28.1%.
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Source Fool.com
