Shares of Avaya Holdings Corp (AVYA) are trading 14% higher at a price of $1.45 at the time of this writing. Shares of the stock are flying high above other names in the space on what is turning out to be a mildly positive day for the Information Technology sector.
Avaya Holdings Corp has been trading between a 52-week high of $22.47 and a 52-week low of $0.5962. The stock has a market cap of $124 Million.
Businesses are built by the experiences they provide, and every day millions of those experiences are delivered by Avaya Holdings Corp.. Avaya is shaping what's next for the future of work, with innovation and partnerships that deliver game-changing business benefits. Tha Company's cloud communications solutions and multi-cloud application ecosystem power personalized, intelligent, and effortless customer and employee experiences to help achieve strategic ambitions and desired outcomes.
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As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:EmiIeHeskey - 2 upvotes -
sourceAVYA
Salty_Reflection_603 - 1 upvotes -
source$AVYA looking good heading into close
RephrasedVerse - 1 upvotes -
sourceAVYA is looking juicy tbh, I've been sitting on the sidelines for a while but I'm gonna jump in tomorrow on a dip. It's been bouncing in the last couple of days after an activist insider bought 15% of the float and wrote a letter to the BoD. It bottomed out in end of july after a mediocre ER but I feel like it's way overshot on the downside. Marketcap of 100m with $3B annual revenue. Someone tell me why I shouldn't YOLO the fuck out of this pls.
Jpop3000 - 1 upvotes -
sourceAVYA!! don't sleep on it
Steextz - 1 upvotes -
sourceSend me 10K, I’ll buy AVYA which is the next BBBY.
mywifeleftme_420 - 1 upvotes -
sourceSomeone explain how AVYA has more trading volume than Spy with 85m float. Synthetic shorts covering?
HisWife00000 - 1 upvotes -
sourceAVYA is near the top of some short squeeze lists. It'll do the pump and dump thing (maybe).
mywifeleftme_420 - 1 upvotes -
sourceExcept I don’t know about the dump part. They’re on the verge of bankruptcy but they just got a new majority shareholder who showed them how to trim $700m and push debt obligations out to 2027. It seems primed for a monster squeeze but it’s not inherent garbage either. I bought in earlier this week when I read his letter to AVYA leadership.
IVIARSHALL_ - 1 upvotes -
sourcedoing some AVYA today
EmiIeHeskey - 1 upvotes -
sourceAVYA