What's Going On With Secoo Holding Stock?
Portfolio Pulse from Erica Kollmann
Secoo Holding Limited (NASDAQ:SECO) shares surged over 450% on heavy trading volume, with more than 43 million shares traded in the session, far exceeding the stock's 100-day average of less than 368 thousand shares. The stock has attracted attention from retail investors and short-sellers, with 9.2% of SECO shares being sold short.
October 12, 2023 | 3:59 pm
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Secoo Holding Limited's stock surged over 450% on heavy trading volume. The stock has attracted attention from both retail investors and short-sellers.
The surge in Secoo Holding Limited's stock price is due to heavy trading volume, which is significantly higher than its 100-day average. This has attracted the attention of both retail investors and short-sellers, which could lead to increased volatility in the stock's price.
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