What's Going On With Baosheng Media Group (BAOS) Stock Monday?
Portfolio Pulse from Erica Kollmann
Baosheng Media Group Holdings Limited (NASDAQ:BAOS) shares are trading lower on Monday after a significant rise of over 28% on Friday. The stock is up 24% over the past month. Despite the lack of company-specific news, BAOS is one of the top trending tickers on StockTwits, indicating retail investor interest. BAOS has a significant short interest with 22.29% of available shares being sold short.
July 17, 2023 | 2:33 pm
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Baosheng Media Group's stock is trading lower after a significant rise last week. The stock is trending among retail investors and has a significant short interest.
The stock is trading lower after a significant rise last week, which could be a correction or profit-taking by investors. The high short interest indicates that many investors are betting on the stock's price to fall, which could put downward pressure on the stock in the short term.
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IMPORTANCE 75
RELEVANCE 100