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Stock impact report

Retail investors are SurgePays, Inc.'s (NASDAQ:SURG) biggest owners and were hit after market cap dropped US$25m [Yahoo! Finance]

SurgePays, Inc. (SURG) 
Company Research Source: Yahoo! Finance
The top 25 shareholders own 35% of the company 25% of SurgePays is held by insiders If you want to know who really controls SurgePays, Inc. ( NASDAQ:SURG ), then you'll have to look at the makeup of its share registry. With 58% stake, retail investors possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk). Following a 28% decrease in the stock price last week, retail investors suffered the most losses, but insiders who own 25% stock also took a hit. Let's delve deeper into each type of owner of SurgePays, beginning with the chart below. Check out our latest analysis for SurgePays What Does The Institutional Ownership Tell Us About SurgePays? Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, Show less Read more
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