Home Business At a time when retail investors bid up their stock prices, American Airlines raised $1.1 billion in high allocation.
At a time when retail investors bid up their stock prices, American Airlines raised $1.1 billion in high allocation.

At a time when retail investors bid up their stock prices, American Airlines raised $1.1 billion in high allocation.

by YCPress

According to Dow Jones’ news website Market Watch on the 29th, recently “WSB concept stocks” have become the biggest hot spot in the United States.

Retail investors buy low-priced stocks with a high shorting ratio to achieve short-selling.

The selected concept stocks have recently risen significantly, but have taken advantage of others.

They don’t think this rise can last long. Some take advantage of the high holdings and some companies raise funds at a high level.

American Airlines announced on the website of the US Securities and Exchange Commission on the 29th that it had reached underwriting agreements with four investment banks, Goldman Sachs, Barclays, Citigroup and Farba, planning to allocate shares to raise up to $1.118 billion.

Typical symbols of WSB concept stocks are low prices, low market value and high short position ratio.

In addition to the leading sheep game post station, retail investors have also selected many other concept stocks.

Some investors listed American Airlines as the “next game station”, because of the six largest aviation stocks in the United States, American Airlines ranked first with a short position ratio of 25.5%.

By speculating in the east wind, American Airlines’ share price has recently been significantly stronger than the market, and it rushed to more than $20 on Thursday.

However, on the 29th, after the company announced the allocation of new shares, the company’s share price turned to a decline, closing at $17.17, or 5.14%.