iRobot Stock Is Surging. Retail Traders Think It's a New Short-Squeeze
a day ago
- #meme-stock
- #retail-trading
- #short-squeeze
- Retail investors speculate a short-squeeze in iRobot (Roomba maker) stock.
- iRobot's stock surged 72% in days with no fundamental news, sparking meme-stock rally hopes.
- Short interest is high (40% of float), with short-sellers having only 0.14 days to cover.
- Stocktwits sentiment is 'Extremely Bullish,' driven by short-term traders and nostalgia.
- Comparisons to past meme stocks like Gamestop and AMC suggest a potential squeeze.
- Online chatter predicts a gamma short squeeze, with traders anticipating a major rally.