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Enterprising Investor

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Thursday, 06/10/2021 9:36:58 AM

Thursday, June 10, 2021 9:36:58 AM

Post# of 330
Medley Management stock soars as retail investors tout stock on social media (6/10/21)

By: Liz Kiesche, SA News Editor

Medley Management (NYSE:MDLY) doubles in premarket trading as the stock appears to be getting retail trader interest on social media platforms, such as Reddit and Discord.

Some investors on Discord have been pointing out the company's low float, which makes it easier to move prices up or down, according to Pulse 2.0.
It only has ~3.06M shares outstanding. The stock also has a short interest of ~14%, which could make it a short-squeeze candidate.


I have no position in MDLY.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
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