Why $IFMK Skyrocketed in February? indoor dining shutdowns

NASDAQ:IFMK   iFresh Inc
Why $IFMK Skyrocketed in February

There does not appear to be any direct news from the company. But it seems like that there was some coordination by day traders on social media.

$IFMK shares were buoyed — thanks to discussions and speculation on Twitter and Twitter hashtags at the start of the month.

iFresh Inc is an Asian/Chinese grocery supermarket chain in the North-Eastern U.S. providing food and other merchandise hard to find in mainstream grocery stores.

The company generates a majority of its revenue from its retail segment.

The other positive factor for the $IFMK is the surging Food delivery in NYC as indoor dining shutdowns continue (based out of nyc), due to covid 19.


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