Bed Bath & Beyond, other meme stocks jump as retail buzz grows

Vinco Ventures

17/08/2022 11:38

** Shares of meme stocks Bed Bath & Beyond  BBBY.O , Blue
Apron  APRN.N , FuboTV  FUBO.N , Vinco Ventures extend rally in
premarket trading as retail traders continue to pump up the
highly shorted names 
    ** Home goods retailer BBBY jumps 27.1% in early trading
after closing up ~45% in previous session at $6.35, its strong
finish in over 4 months; a filing revealed on Tues activist
investor Ryan Cohen bought call options with strike price
ranging from $60 to $80 urn:newsml:reuters.com:*:nL4N2ZS33F
    ** BBBY is top trending ticker on retail investor website
Stocktwits https://stocktwits.com/rankings, followed by sports
TV streamer fuboTV  FUBO.N , meal-kit delivery firm Blue Apron
 APRN.N , both up 2.4% and 16.9%, respectively
    ** Manchester United  MANU.N  on #5 spot on Stocktwits as
Elon Musk jokes about buying the football club  urn:newsml:reuters.com:*:nL4N2ZT1XP
    ** E-commerce firm Vinco Ventures  BBIG.O  jumps 29.2%
premarket, second most traded stock across U.S. exchanges
    ** RoundHill MEME ETF  MEME.P  hit an over 3-month high but
remains down ~40% YTD

 (Reporting by Sruthi Shankar)
 ((sruthi.shankar@thomsonreuters.com;))