GameStop's (NYSE: GME) unprecedented rally last year, which was largely driven by a massive short squeeze, caused some investors to seek out other heavily shorted stocks to buy into in hopes of netting similar gains. Today, I'll take a look at three heavily shorted stocks -- Bed Bath & Beyond (NASDAQ: BBBY), Beyond Meat (NASDAQ: BYND), and Upstart Holdings (NASDAQ: UPST) -- and see if they could be short-squeeze candidates.
The latter is comprised of the 100 largest nonfinancial stocks by market cap listed on the Nasdaq stock exchange. The Nasdaq 100 is currently home to a number of plain-as-day bargains. What follows are three Nasdaq 100 stocks you can confidently buy hand over fist in October.
The company is now scaling back or "reorienting" the program, and it will work with the involved employees to match them to other open roles within the organization, Amazon spokesperson Alisa Carroll said, adding that it was not abandoning the project altogether. Amazon started testing the fully-electric Scout, which is of the size of a small cooler and rolled along the sidewalks at a walking pace, in Washington state in 2019 before expanding to Southern California, Georgia and Tennessee.