The CNN Money Fear and Greed index showed some improvement in overall sentiment among U.S. investors on Tuesday.
U.S. stocks settled mostly lower on Tuesday on the first trading session of a holiday-shortened week. Crude oil prices moved higher on Tuesday after Saudi Arabia and Russia announced plans to extend voluntary supply cuts.
Gainers
Verb Technology Company, Inc. (NASDAQ: VERB) shares jumped 164% to $1.89 after the completed and launched a technology integration and strategic relationship with global social media platform TikTok.
U.S. stocks traded lower, with the Dow Jones falling around 100 points on Tuesday. Here are some big stocks recording gains in today’s session.
SIGNA Sports United N.V. (NYSE: SSU) shares jumped 41.6% to $1.23.
U.S. stocks traded lower this morning, with the Nasdaq Composite falling around 50 points on Tuesday.
Following the market opening Tuesday, the Dow traded down 0.18% to 34,776.28 while the NASDAQ fell 0.36% to 13,981.21. The S&P 500, also fell, dropping, 0.31% to 4,501.92.
Potential short squeeze plays gained steam in 2021, continued throughout 2022, and remain a new focus of traders looking for the next huge move.
High short interest and steep borrowing costs are among the common traits that could lead to a short squeeze.