Previous Close | 1.1100 |
Open | 0.9400 |
Bid | 0.8100 |
Ask | 1.0100 |
Strike | 7.50 |
Expire Date | 2023-06-16 |
Day's Range | 0.9000 - 0.9400 |
Contract Range | N/A |
Volume | |
Open Interest | 2.13k |
In 2021, the bulls became pigs when they ignored the looming threat of inflation and rising interest rates. Two such stocks are the online lender Upstart (NASDAQ: UPST) and the plant-based meat producer Beyond Meat (NASDAQ: BYND), which still had 31% and 35% of their outstanding shares, respectively, being shorted as of Jan. 12. Upstart's artificial-intelligence (AI) powered lending platform helps banks, credit unions, and auto dealerships approve loans with nontraditional data points like a person's education, grade-point average, standardized test scores, and work history.
It's certainly food for thought.
Shares of Oatly may be down more than 88% since its IPO in 2021, but one analyst expects the plant-based beverage giant to see a turnaround in 2023.