Is Former Meme Stock Favorite Vinco Ventures Making a Vicious Comeback? [TheStreet.com]
Vinco Ventures, Inc. (BBIG)
Company Research
Source: TheStreet.com
Late last month, we here at Wall Street Memes discussed : Vinco Ventures ( ) and Ocugen ( ). Both names, popular as meme plays during 2021, appear set to soon experience “to the moon” moves once again. That hasn’t exactly played out for OCGN, a long-shot Covid-19 vaccine play. But with BBIG stock? After dipping a bit after year’s end, it’s since made a big bolt to higher prices. Between Jan 3 and today, the holding company, which has interests in a variety of fast-growing digital businesses, has rocketed from around $2.44 to more than $5.00 per share. That’s more than double the price in a matter of weeks. So, what’s driving this renewed excitement for the meme play, and what are its chances of carrying on? Let’s dive in and find out. Figure 1: Is Former Meme Stock Favorite Vinco Ventures Making a Vicious Comeback? Vinco Ventures ( Read also from Wall Street Memes: ) Why Meme Traders are Jumping Back into BBIG Stock During 2021, Vinco Ventures enjoyed several brief periods o
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