MARK Stock: Why The Price Surged Today

By Amit Chowdhry ● Oct 25, 2021
  • The stock price of Remark Holdings Inc (NASDAQ: MARK) increased by over 250% pre-market today. This is why it happened.

The stock price of Remark Holdings Inc (NASDAQ: MARK) increased by over 250% pre-market today. This is a continuation in momentum as the company stock price increased 138.44% in the previous trading session.

There are no company-specific reports driving up the stock price. There are no company-specific reports that are driving up the stock price so it appears there are external factors at play. 

Investors who are active on social media platforms like Discord, StockTwits, Twitter, etc. appear to be coordinating a short squeeze on the company shares. The investors on those platforms cited a goal of trying to push the stock up to double-digits per share.

At the pre-market, the company shares are trading at about $7.19 as of 8:16 AM ET. This is a 690.10% increase from the price that the company was trading at as of Friday morning.

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