GRAY Stock Price: Over 4% Decrease Pre-Market Details

By Amit Chowdhry ● Jun 14, 2021
  • The stock price of Graybug Vision Inc (NASDAQ: GRAY) fell by over 4% pre-market. These are the details.

The stock price of Graybug Vision Inc (NASDAQ: GRAY) fell by over 4% pre-market. But this is a slight pullback after the company stock price rallied 40.43% this past week, going from $4.18 on Monday, June 7 to $5.87 at the previous close. There has not been any company-specific news driving the stock price up, but retail investors have been pushing for a short squeeze on the company shares multiple times over the past month. 

Retail investors on social media have been pushing for a short squeeze on the company stock multiple times over the past month. Investors also cited GRAY as having a low float, which makes it easier for day traders to earn profits during a single trading session.

Graybug has been cited in Reddit forums along with Discord stock trading groups. A number of retail investors in stock trading forums have also been pushing for a rally around biotech companies as a whole.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.