6.9.2021

Clover Health jumps 20% in premarket trading as frenzy continues. Shares are up more than 150% this week - CNBC

"Shares of Clover Health surged again in premarket trading on Wednesday, continuing a dramatic move for a Medicare insurance stock that has become a favorite of traders on Reddit."

 

Big Market Players Are Loving ETFs Even as They Fear the Fallout - Bloomberg

"Large institutions have jacked up their usage of exchange-traded funds since the Covid crash -- even as they fear these investing tools are fueling market volatility."

 

Lordstown Motors Has a 'Going Concern' Problem, Meme or No Meme - Barron's

"Electric-vehicle maker Lordstown Motors issued a "going concern" warning in its quarterly financial filings. That has the stock tanking in late trading Tuesday."

 

MicroStrategy's Rough Life as a Bitcoin Tracker - WSJ

"Wall Street values software maker primarily for its cryptocurrency holdings just as business is improving"