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Why Vinco Ventures Stock Jumped on Monday Morning


Vinco Ventures (NASDAQ: BBIG) shareholders beat a declining market on Monday, with shares rising 7% by 11 a.m. ET as the broader S&P 500 fell by more than 1%.

The digital content sharing acquisition specialist announced that it had raised more cash through the sale of more stock. The rally added to significant short-term gains, as the stock has more than doubled so far in 2021.

Image source: Getty Images.

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Source Fool.com

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