Second, it’s important to remember that buying a stock because all the cool kids are doing it isn’t real investing. The meme status of Sundial is undisputed right now. For a while, this was one of the hottest stocks onRedditand Twitter, with a massive “moon shot” retail investor...
None of this has stopped the Redditors. Sundial is now one of the top 10 buys onRobinhood,the “free” stock trading appthat makes money on its order flow. What Happens Next I must tip my hat to Sundial’s management. They’re taking full advantage of the Redditors to raise money. ...
PRONow Playing at a Stock Exchange Near You: Reddit Bettors AMC Entertainment is stealing the spotlight again. Investing Mar 1, 2021 7:34 AM EST PROBetter Bond Action Brings in Buyers, but Will They Stick Around? Sentiment has improved, but the key to the price action will be whether ther...
SNDL stock has been a rollercoaster in 2021, with a 52-week high price of $3.96 in February and a recent price of about $0.82. That’s a decline of around 80% from Sundial’s all-time peak. Additionally, the stock is at risk of being delisted, with its price now below the $1 le...
However, the risk to SNDL stock may be less than other so-called “meme” stocks. For instance, some of Reddit’s favorites are fundamentally flawed, either because of the pandemic or industry-related reasons. Sundial, on the other hand, has the support of a burgeoning political narrative. ...