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.
Source Fool.com