Here's Where To Look For A Short Squeeze In The Reopening Restaurant Space
Dine-in restaurants reopened at 25% capacity in New York over the weekend, and analysts are expecting a sharp rebound in struggling restaurant stocks this year. Danielle Shay, director of options at Simpler Trading, said Friday that one restaurant stock to watch in the near-term is short squeeze candidate Jack in the Box Inc. (NYSE: JACK ). Watching Jack In The Box: The WallStreetBets-fueled GameStop Corp. (NYSE: GME ) short squeeze has traders looking for short squeeze opportunities elsewhere. Shay told CNBC that Jack in the Box could be the best potential short squeeze play in the restaurant group. Related Link: Exclusive: Axon CEO Talks Insane Short-Seller Attack, Says 'My Secretary Was A Mole' … Full story available on Benzinga.com
Here's Where To Look For A Short Squeeze In The Reopening Restaurant Space
Dine-in restaurants reopened at 25% capacity in New York over the weekend, and analysts are expecting a sharp rebound in struggling restaurant stocks this year. Danielle Shay, director of options at Simpler Trading, said Friday that one restaurant stock to watch in the near-term is short squeeze candidate Jack in the Box Inc. (NYSE: JACK ). Watching Jack In The Box: The WallStreetBets-fueled GameStop Corp. (NYSE: GME ) short squeeze has traders looking for short squeeze opportunities elsewhere. Shay told CNBC that Jack in the Box could be the best potential short squeeze play in the restaurant group. Related Link: Exclusive: Axon CEO Talks Insane Short-Seller Attack, Says 'My Secretary Was A Mole' … Full story available on Benzinga.com