Retail traders pick up the AterianRetail traders find a new squeeze, and the pair seem to have hit it off straight away.
- Aterian stock is on quite the rally recently. The AI brand closed Friday up over 21% to take its weekly gains to over 100% in its best week since the last time retail traders gave it some attention, in September last year.
- Aterian day traders have been hyping up the stock and its short squeeze potential on social media. The company is no stranger to a retail-led rally, having soared along with the rest of them in May last year thanks to its 32% short interest rate.
- But there is actually some fundamentals-driven news here too. On April 1, the company named Cynthia Williams as a new board member – she recently became head of Hasbro’s digital gaming division and has some impressive expertise that people think could boost the company in a big way.
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