- 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.
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