Support.com (SPRT) has become the new “meme stock” retail traders are pushing to the moon. Shares of the LA based software company closed 33% higher, at $26.33 on Friday. The stock skyrocketed more than 190% earlier in the session and was the No. 1 trending ticker on Yahoo Finance.
‘The squeeze will continue and accelerate’
The stock caught the attention of retail traders last month based on its high short interest, which currently accounts for about 60% of the float.
“Shares shorted were…
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