The Nooner by 24/7 Market News for June 15, 2022

(24/7 MARKET NEWS) Although there are plenty of exceptions, one of today’s noticeable trends is that many of the most heavily shorted stocks are in the green, with some of those hitting double digit percentage gains on the day.

Redbox Entertainment Inc. (NASDAQ: RDBX) is up big, after yesterday’s beat down, at $10.97, 8.36%, up $0.880 (+8.72%), on 20.2 million shares traded.

Revlon Inc. (NASDAQ: REV) continues strengthening, after yesterday’s gains, at $2.10, up $0.23 (+12.30%), on 44.7 million shares traded.

MicroStrategy Inc. (NASDAQ: MSTR) is $4.38 higher, a 2.79% gain for the $161.25 stock on 1.13 million shares.

Clovis Oncology Inc. (NASDAQ: CLVS) is at $0.9073, up 0.0973 (+12.01%), on 11.6 million shares.

Carvana (NASDAQ: CVNA) is near its session high, at $24.43, up $3.51 (+16.77%), on 8.5 million shares.     

Even Beyond Meat (NASDAQ: BYND) is seeing some rare green, trading at $24.91, $2.48 (+11.06%) higher, on 2.4 million shares.

However, some companies in the red , today, like GeoVax Labs Inc. (NASDAQ: GOVX) is down another $0.2299 (-16.19%), to 1.1901, on 1.2 million shares and Invacare Corp. (NYSE: IVC) hit a low for today of $1.19, down $0.11 (-8.46%) on 398 thousand shares.

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24/7 MARKET NEWS (“24/7 MN”) is dedicated to covering various underreported segments of the stock markets. Our goal is to help you to better understand these markets, but 24/7 MN is neither an investment advisor nor a financial advisor, and no information provided here is to be interpreted as a suggestion to buy or sell stocks or other investment products. All opinions, news, research, analysis, prices or other information contained on, its press releases, or other services are provided for educational purposes only and do not constitute investment advice. You are solely responsible for the investment decisions you make.

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