Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Aterian Stock Is Skyrocketing

TheMotleyFool

0 0

Aterian (NASDAQ: ATER) is continuing to make huge gains after emerging as a new short-squeeze favorite among investors on Reddit's WallStreetBets discussion board and other online communities. The stock closed out the daily session up 28.6% and was up another 4% in after-hours trading as of 5:15 p.m. EDT.

The stock began spiking early this month as it emerged as a popular short-squeeze candidate, but the momentum appeared to dissipate as the e-commerce and consumer products company's share price plummeted roughly 39% on Sept. 14. Now, it looks like investors are once again pouring back into Aterian in hopes of powering the next big meme stock payday.

Image source: Getty Images.

Source Fool.com

Like: 0

ATER

Share