Clover Health jumps 14% in premarket trading as frenzy continues. Shares are up 150% this week

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The stock rose 86% on Tuesday and was up more than 100% during the session. Shares also jumped 32% on Monday.

surged again in premarket trading on Wednesday, continuing a dramatic move for a Medicare insurance stock that has become a favorite of traders on Reddit.stock rose 86% on TuesdayShares of the company had struggled after a short-seller report from Hindenburg Research in February. More than 40% of the stock was sold short as of Tuesday, according to S3 Partners, which makes Clover a target for retail traders who want to cause a short squeeze.

Prior to becoming the focus of retail traders, Clover often had a daily trading volume below 10 million. On Tuesday, its shares changed hands more than 700 million times. Clover went public last year through a merger with a special purpose acquisition vehicle. The company is one of many SPAC-related deals involving billionaire investor Chamath Palihapitiya.Get stock picks, analyst calls, exclusive interviews and access to CNBC TV.

 

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pushing this stuff is going to leave a lot of bagholders at the end of the day.

Owned by Hedge Funds and no fundamentals.. wasnt that wrong?.. you kept bashing about $AMC . Paid media is corrupted. EUROPE HOLDS ! amcstocks nakedshorts

Meanwhile my Amc portfolio is up like idk 400% or something, can't do math I'm just a banana but I think that's good

$CLOV

Rocket emoji go go go lol! Been holding this too long but I really believe in this company! CLOV to $100

This will make a lot of millionaires

Many gods, persons, creatures, magicians, priests, prophets, politicians, psychologists, writers, etc, have tormented all the infinite past and all the infinite future, to make another kind of peace, love, truth, and eternity. They did not make it. Does not exist.

Based on no fundamentals $CLOV

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