Over 1 Year Ago
1 Min Read

WEBR is making big moves today. Find out why the stock is trading -12% lower:



Weber Inc - Class A (WEBR) is trading -12% lower at $7.77 today. While it's generally been a slightly depressed day for this part of the market, the company is falling behind it's peers in the Consumer Discretionary sector.

The stock had been trading in a "meme" frenzy the last few weeks and is now retreating to a lower price this morning along with other meme names like BBBY, GME, and AMC.

Weber Inc - Class A has been trading between a 52-week high of $18.21 and a 52-week low of $5.69. The stock has a market cap of $412 Million.

Weber Inc., headquartered in Palatine, IL, is the world’s leading barbecue brand. The company’s founder George Stephen, Sr. established the outdoor cooking category when he invented the original charcoal grill nearly 70 years ago. Weber offers a comprehensive, innovative product portfolio, including charcoal, gas, pellet and electric grills, smokers, and accessories designed to help outdoor cooking enthusiasts discover what’s possible.

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™:

VisualMod - 1 upvotes - source
**Ban Bet Created:** **/u/bigcig** bet **WEBR** goes from **8.85** to **6.95** before **2022-08-25 20:26:13.183102-04:00**