Shares of Vinco Ventures Inc (BBIG) are trading 28% higher at a price of $1.45 at the time of this writing. The stock is strongly surpassing peers on an otherwise slightly bearish day for the Communication Services sector.
The company seems to be caught up in a pure retail trading frenzy as meme traders hop on the stock. See comments below.
Vinco Ventures Inc has been trading between a 52-week high of $12.49 and a 52-week low of $0.67. The stock has a market cap of $338 Million.
Vinco Ventures, Inc. is a mergers and acquisition company focused on digital commerce and consumer brands. Vinco's B.I.G. (Buy. Innovate. Grow.) strategy will seek out acquisition opportunities that are poised for scale and grow said acquisitions through targeted traffic and content campaigns.
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™:GadisRKO - 10 upvotes -
sourceMODS, ban all these BBIG bots, that ticker is sub 500m market cap, wtf
Laylowbrown_ - 4 upvotes -
sourceBBIG BBBY 🚀🚀
cool__pillow - 3 upvotes -
sourceThe other BB is running right now: BBIG. LFG!!!
IntrepidFoot3105 - 3 upvotes -
sourceBBIG is going to pump big tomorrow. Time to get in now
Miserable-Toe-3981 - 2 upvotes -
sourcebbig is tradable again with options ;)
TinaNoxx - 2 upvotes -
sourcebbig is going insane atm, but I don't have an idea
GravestoneDoji100k - 2 upvotes -
sourceBBIG?
sbfordt - 2 upvotes -
sourceBBIG wtf lol
LowerCarob2964 - 2 upvotes -
sourceTold you BBIG is about to pop!!!!!