24/7 Market News June 10, 2022 Weekly Wrap

June 10, 2022

Traders

Redbox Entertainment Inc. (NASDAQ:RDBX) remains the best stock for traders, as its yoyo pattern is ideal for traders to scalp, when it’s moving higher, and scalp short , when it’s dropping. It’s up $3.13 (+33.05%), at $12.60, on over 27 million shares traded, so far this morning, after hitting $13.47.

Redbox Entertainment’s short position grew by nearly 16% from May 15 to the 31st, but the 4,080,000 shares reported as open shorts represent a fraction of its average daily volume.

(NASDAQ:MULN) was making pretty strong movements earlier in June, but has been slowly drifting downward in recent sessions.

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