ATER Stock Alert: 7 things to know about Aterian Higher rockets
Aterian (NASDAQ:ATER) the stock is moving on Tuesday despite the lack of news from the consumer products company.
Instead, it looks like retail traders discussing the company’s short squeeze potential are driving today’s rally. This has many popular day traders on Twitter (NYSE:TWTR) driving the stock up alongside today’s run.
On top of that, the short-term chatter on ATER shares is driving heavy trading in the company’s shares. As of this writing, more than 47 million shares of the company have changed hands. For comparison, the company’s average daily trading volume is closer to 5.3 million shares.
Of course, investors will want to be cautious before jumping into ATER stocks today. Although the rally may be a draw for some traders, there is no denying the danger that comes with it. Sure, the stock is up now, but it’s unclear how long that will be before a potential dump drives its price down.
With that in mind, here are some things potential ATER stock investors should know about the company.
ATER Stock Exchange News
ATER shares are up 7.6% on Tuesday morning.
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As of the date of publication, William White had no position (directly or indirectly) in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to InvestorPlace.com Publication guidelines.
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