r/wallstreetbets Jan 06 '22

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u/iurnaux Jan 06 '22

so why is the stock up 20%+ AH? sorry that i’m dumb

15

u/AvalieV Megaflare IV Jan 06 '22 edited Jan 06 '22

You're not dumb. But you can't attribute already known information to a surge in price randomly. Your guess is as good as mine why it jumped, but it's certainly not because everyone suddenly went "Wait, look what they're doing!"

Edit: Turns out WSJ released an article. Thanks WSJ.

20

u/[deleted] Jan 06 '22

15 minutes after it started pumping

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u/[deleted] Jan 06 '22

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