(function() { Trading volume spiked and hordes of investors - possibly looking for a cheap way to buy the dip - piled into the virtually worthless stock, driving it up more than 10-fold at one point. However, sometimes all you need is a break.In this post, we have complied with 33+ best stock market memes that will … window.optimizely = window.optimizely || []; h.async = 1;h.src = w;rx.parentNode.insertBefore(h, rx) The only problem is that USO isn't a direct bet on oil prices and incurs costs from rolling over its futures positions that hamper performance when longer-dated contracts cost more than the current one. The stock surged 1,481 per cent over the course of three days in July. By signing up, you agree to our Privacy Policy and Terms and Conditions. } "https://sb" : "http://b") + ".scorecardresearch.com/beacon.js"; } Tell us what you think. The shares fell as low as 40 cents. ga('linker:autoLink', ['economictimes.com']); Vaccine developers, electric-vehicle startups and a bankrupt car-rental company captured the imagination of individual investors in 2020 as Reddit chat rooms touted the so-called meme stocks as the next big winners. Yahoo News is better in the app. var s = document.createElement('script'), el = document.getElementsByTagName("script")[0]; s.async = true;

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localStorage.setItem('_tiluuid', _tiluuid); So far, Novavax has been backed by more than $1.6 billion in funding from the U.S. government and $399 million from the Coalition for Epidemic Preparedness. var newHookId ='1977021501'; console.log : function () {}; if(window.customDimension && window.objDim) { grx('userId', ssoid); Following are all of the companies that are actively developing COVID-19 vaccines either on their own or in partnership with another drugmaker. After going public in a reverse merger with a blank-cheque entity in June, Nikola commanded a market capitalisation of nearly US$29 billion. The shares fell as low as 40 US cents. Tell us what kind of news matters to you! They merge at the nanoscale into nanoelectromechanical systems (NEMS) and nanotechnology. At the depths of the oil market’s plunge in April, mom-and-pop investors turned to the U.S.’s biggest oil exchange-traded fund, the United States Oil Fund LP, to bet on a rebound. The list includes the 100 stocks that are expected to deliver the biggest year-over-year gains. Founder Trevor Milton later stepped down as chairman and a severely truncated deal with GM was announced. customDimension.dimension34 = contentAge > 2 ? var newHookId2 = '2146842'; Myinstants is where you discover and create instant sound buttons. Once called “more of a business plan than business” by a Wall Street analyst, electric-truck startup Nikola Corp. is emblematic of the speculative trading that sent EV stocks surging this year.

if(geolocation && geolocation != 5) { var intv,intv2;var fo; if(typeof window.addEventListener == 'function') { Your feedback is important to us e.setAttribute('src', "https://agi-static.indiatimes.com/cms-common/ibeat.min.js"); The stock surged 1,481% over the course of three days in July as investors cheered yet another attempt by the company to reinvent itself. t.src=v;s=b.getElementsByTagName(e)[0]; } Short seller Hindenburg Research accused Nikola of deceiving investors about its technology and vehicles, spurring a chain of troubles including federal investigations. All the latest breaking UK and world news with in-depth comment and analysis, pictures and videos from MailOnline and the Daily Mail.

ga('set', 'anonymizeIp', true); The shares collapsed. Stocks. var objVc = {version_on:'20201227100153',js_etsubscription:'1',js_comments:'111',js_googleslock:'782',js_googlelogin:'54',js_common_buydirect:'749',js_bookmark:'18',js_login:'45',js_datepicker:'2',js_electionsmn:'22',js_push:'54',css_buydirect:'14',js_tradenow:'15',js_commonall:'123',lib_login:'https://jssocdn.indiatimes.com/crosswalk/jsso_crosswalk_legacy_0.5.9.min.js',live_tv:'{"onoff_flag": 0, "auto_open": 0, "play_check_hour": 12, "default_tv": "0"}',global_cube:'0',global_cube_wap:'0',global_cube_faces:'2',global_cube_fullad:'0',global_cube_landingon:'sensex',global_cube_wap_url:'https://m.economictimes.com/iframe_cube.cms',site_sync:'0',adx:'1',amazon_bidding:'1',fan_ads:'0',trackAdCode:'0',ajaxError:'1',oauth:'oauth',planPage:"https://economictimes.indiatimes.com/plans.cms",planPageTest:'https://economictimes.indiatimes.com/plans.cms',subscriptions:'subscriptions',krypton:'kryptonp',apw:'apw',nlSubscribe:'etsub3'};

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