Over 1 Year Ago
1 Min Read

WEBR trading -7% lower today - have meme traders given up on grilling 🍖?



 Shares of Weber Inc - Class A (WEBR) are trading -7% lower at a price of $8.27 at the time of this writing. Shares of the stock are falling behind other names in the space on what is turning out to be a slightly glum day for the Consumer Discretionary sector.

The share price is moving downwards as meme stocks drop sharply along with a broader market selloff. 

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 $439 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.

Headlines


Increasing unusual call option volume: PRTY ESPR IPOD MNMD WEBR
Investing.com 08-22-22

Meme stocks Bed Bath & Beyond, GameStop, AMC and Weber all slide premarket
Yahoo Finance 08-22-22

Why Is Volcon (VLCN) Stock Up 56% Today?
InvestorPlace 08-19-22

Is Weber (WEBR) Stock the Next BBBY?
InvestorPlace 08-19-22

Top after-hours movers: Bed Bath & Beyond, Applied Materials, Weber and more
Yahoo Finance 08-18-22

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**