But a longer-term chart of the 10-year treasury yield tells a slightly different story:" Technical Analysis These kind of gains are atypical in the stock market, so a pullback isn't overly surprising. Nokia stock jumps following rally in Reddit favorites Last Updated: Feb. 25, 2021 at 10:44 a.m. The stock is up 6.7% as of this writing and investors wanting to learn more can follow this link . Dive in with InvestorPlace for all you need to know about the recent moves. SOS stock has recently caught the attention of retail investors. Welcome to Reddit, the front page of the internet. The Short Answer Is No. Pre-Market 0.40 (6.15%) This all started with members of the Reddit WallStreetBets pumping … The Motley Fool - Christy Bieber. While that’s definitely good news for SOS Limited, it’s nowhere close to the reason shares of SOS stock are soaring higher today. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. So with those biting words, why is SOS stock up on Monday morning? FOX News; Former Secretary of State Mike Pompeo speaks to Fox News at CPAC ... Any positive news or enthusiasm for the stock will push up the stock's valuation, minimizing profit for … The stock price of Sos Ltd (NYSE: SOS) fell by over 20% today during intraday trading. All rights reserved. Stock Market Today: Markets Tumble, But 'Reddit Stocks' Story Isn't Over Kyle Woodley 1/27/2021 Biden officials visited U.S.-Mexico border Saturday amid migrant influx EDIT: Based on some of the replies I have to clarify. Evan graduated from the University of Texas at Austin, and is a CFA charterholder. Any further dig at SOS will cause volatility. The stock saw a major dip earlier today before adjusting back to normal levels. 4 weeks SOS Stock: Why Blockchain Play SOS Limited Is Up Big Today InvestorPlace . Update Wednesday, March 3: Shares in SOS are trading sharply higher on Wednesday as … SOS Limited - ADR NYSE Updated Mar 8, 2021 9:49 AM. If we can hold this level till they can’t short anymore we win. ATTENTION ALL HOLDERS OF SOS!!. There was no bad news -- … There is no denying that these last few trading days have been volatile for the emerging blockchain play. However, there great reason for caution. Stock Advisor launched in February of 2002. Everyone's Talking About Reddit Stocks, But These Underfollowed Stocks Are Better Buys ... Why Fisker Stock Is Trading Lower Monday. Announces Pricing of $110.0 Million Registered Direct Offering Priced At-The-Market" rather than "SOS Ltd. 3 Big Stories to Catch Up On. Why FuboTV's Stock Is Trading Higher Today. quotes delayed at least 15 minutes, all others at least 20 minutes. A high-level overview of SOS Limited (SOS) stock. It’s a stock heavily linked to Bitcoin and probably the cheapest stock option linked to bitcoin atm. In February2021, SNDL shares were up by 121.37% but the … The gross proceeds from the exercise are expected to be approximately $96.7 million, and SOS has agreed to give the exercising warrant holders new unregistered warrants to purchase ADSes at an exercise price of $7 per ADS. And as always, be sure to do your own due diligence and sort through the allegations. SOS stock today? We’re motley! GameStop (NYSE: GME) — Reddit’s love for GME continues today with a score of 2,131. Separately, the company said that it has started construction of a new mining facility in Hejiang County, Luzhou, Sichuan, after reaching an agreement with the Leibodong Hydropower Station to provide electricity and physical space. and join one of thousands of communities. Shares of SOS Limited (NYSE:SOS) tanked today, down by 12% as of 11:30 a.m. EST, after the company announced the exercise of warrants. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. I'm merely saying how you should REACT TO/FEEL ABOUT these events. Gainers AmeriServ Financial, Inc. (NASDAQ: ASRV) rose 199.3% to $12.30 in pre-market trading. Thoughts? As InvestorPlace Web Editor Vivian Medithi wrote recently, SOS Limited is a tech company focusing on solutions for emergency rescue services. White House Press Secretary Jen Psaki sidestepped discussing Reddit, GameStop and the recent stock market volatility. 02-11 investorplace.com - 3 - SOS Limited (NYSE:SOS) stock is up more than 70% in intraday trading with no specific catalyst to speak of. The two firms alleged that SOS was faking its headquarters and recent deals, and that the company faces great regulatory risk. Another short-selling firm, Culper Research, did the same. SOS Limited (NYSE: SOS) (the "Company" or "SOS") today announced its crypto mining plan. Find the latest SOS Limited (SOS) stock discussion in Yahoo Finance's forum. This should reinvigorate the bulls, who are already taking shares up this morning. RBLX Stock IPO: When Does Roblox Go Public? Stock quote and company snapshot for SOS LTD (SOS), including profile, stock chart, recent news and events, analyst opinions, and research reports. SOS stock was up 91.3% as of Thursday morning. SOS is an emerging blockchain-based and big data-driven marketing and solution provider, with a nationwide membership base of approximately 20 million in China. However, most investors likely consider SOS stock as an emerging blockchain play in China. These include cloud rescue software products for medical rescue, car rescue and financial rescue. Comparison between MARA, RIOT and SOS. Some r/WallStreetBets posters think so, setting EXPR stock up to be another potential Reddit winner. I just bought another 100 shares at 10.80. comment; share; save; hide. "Following" : "Follow"}} January 22, 2021 3:10pm 82 Comments. These next few hours are crucial, are biggest level of resistance is 5.30 we held it twice today already. Copyright © Here's Why SOS Limited Stock Is Gaining Back Lost Ground Today - Motley Fool March 1, 2021 | fool.com Pre-Market Most Active for Mar 1, 2021 : ASLN, ECOR, SOS, AMC, PLTR, ATNX, APEN, SQQQ, QQQ, NIO, CCL, CCIV - Nasdaq Can SOS (NYSE:SOS) turn things around? Here’s what to know. 1125 N. Charles St, Baltimore, MD 21201. SOS Stock: Why Blockchain Play SOS Limited Is Up Big Today | InvestorPlace. Boosted by attention on WallStreetBets, the Reddit group fueling the GameStop mania, the movie theater chain has seen its stock price ricochet from $5 … The corporate action will be dilutive to existing investors but allow SOS to raise more capital. Associated Press Associated Press, USA TODAY More Videos Hindenburg says it will be releasing a new report this week. I created this post to warn people about the stock “SOS Limited”, ticker symbol “SOS” being a pump and dump, people are following each other like sheep into this complete garbage company that’s essentially an empty shell. 1125 N. Charles St, Baltimore, MD 21201. All rights reserved. The post SOS Stock: Why Crypto Mining Play SOS Is on th… Affirm's Stock: Why Morgan Stanley Recommends, Goldman Sachs Is Waiting It Out Stocks That Hit 52-Week Highs On Friday Why Shopify's Stock Is Trading Higher Today SOS stock has been mentioned alongside other shares that are on the rise thanks to retail investors. Tanzeel Akhtar {{following ? Although SNDL stock has been given much support by Reddit users in 2021 due to the emerging business of Cannabis products, still stock is passing through the dark.There is no news by the company-, no earnings report so far, no analyst downgrades or price target cuts that might explain the bearish sentiment for SNDL stock. The stock fell … AMC Entertainment (NYSE: AMC) — AMC stock is another of Reddit WallStreetBets early loves. For the bulls, this news was a great sign of progress. Hindenburg says “We are short $SOS, which we believe to be an obvious China-based shell game reanimating the corpse of a former China based company that earlier imploded 90% from its highs.”. For investors then, it seems promising that SOS is fighting back against the allegations. The Motley Fool - Adam Levy. What happened. After closing lower by 20% on Friday, SOS stock is now rocketing higher 20% in pre-market trading. Today, many platforms use a loophole to lease customer securities for profit. However, investors did not have long to celebrate the SOS stock news. The … Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. In the news release, SOS Ltd. Trading has remained volatile since the last regular US session, in which the stock rose 135%. Find the latest SOS Limited (SOS) stock quote, history, news and other vital information to help you with your stock trading and investing. As the OP said, they’re announcing the finalisation of the direct offering which should close today worth 25mil. April 2017 - China Rapid Finance list on NYSE as XRF. The Price And Volume Action In SOS's Stock Today SOS's (NYSE:SOS) stock is trading up 21.88% to a price of $3.0. The Motley Fool - Howard Smith . Recently, SOS has outlined its strategy in blockchain and cryptocurrencies, which include a series of initiatives to expand its business into cryptocurrency … Even after falling today, SOS stock is still up close to 400% year to date. The company has a large focus on IoT, blockchain, and artificial intelligence. Cannabis stocks surged amid high interest from retail investors on social media, in particular the Reddit community WallStreetBets. Source: Marko Aliaksandr/ShutterStock.com, SOS Stock: Why Crypto Mining Play SOS Is on the Move Today, 8 Things to Know as Coupang Starts Trading Today >>> READ MORE, entered a definitive agreement with the Leibodong Hydropower Station, an obvious China-based shell game reanimating the corpse, “distorted, misleading, and unsubstantiated.”, 2 Charts That Prove This Is Not Dot-Com 2.0, Be Careful With Churchill Capital IV Stock, While the Lucid Deal’s Still Pending, Matt McCall and the InvestorPlace Research Staff. This is why it happened. We all know how important social media sentiment can be for a stock today. Hindenburg also alleges that SOS copied elements of other websites and press releases. (self.Affectionate-Carob-4) submitted just now by Affectionate-Carob-4. ! GM's stock may be an accidental victim of the short squeezes. March 1 (Reuters) - Chinese blockchain firm SOS Ltd on Monday called the allegations made by two short-sellers as "distorted, misleading and … Treasury Secretary Janet Yellen will meet with SEC, Federal Reserve, and CFTC officials regarding the Reddit-trader craze. Shares of General Motors () were trading lower on Wednesday. Here's why I believe SOS is overvalued at its current price and potentially a pump & dump by spreading false information. On Monday, the company said that the claims by short-sellers were “distorted, misleading, and unsubstantiated.” It also says that it believes that social media accounts were impersonating some of its board members. GameStop briefly tops $500 as stock resumes momentous surge 28 Jan, 2021, 06.10 PM IST. What Did the Stock Market Do Today? It appears that bulls are responding to a statement by SOS. Over the next three years, SOS will keep its mining rigs there, and start operating its mining and data center. Shares of SOS Limited (NYSE:SOS) tanked today, down by 12% as of 11:30 a.m. EST, after the company announced the exercise of warrants. Those new warrants will be good for five years before expiration and represent an additional 23.9 million ADSes. It's 2021 and penny stocks continue capturing the attention of day traders and investors alike. Investors in SOS Ltd (SOS) saw new options begin trading today, for the April 23rd expiration. SOS Limited (NYSE:SOS) stock is on the rise Friday following positive news and interest in the blockchain company. Announces Pricing of $110.0 Million Registered Direct … Shares of SOS Limited (NYSE:SOS) were gaining back lost ground on Monday morning after management pushed back against various short-sellers. Gains were briefly pared postmarket after the Reddit page that has fueled this month’s surge was made private and then later reopened by the group’s moderators. or "DON'T INVEST. T. he FTSE 100 Index was set to make small gains in early trading today as it emerged that the Reddit groups of retail investors had been targeting the silver market for their latest attack. This response follows up a Chinese-language release making the rounds on subreddits devoted to SOS stock. Share your opinion and gain insight from other stock traders and investors. The stock's gains through January represent arguably the most successful Reddit-fueled momentum trade yet, and Wall Street hasn't adjusted its forecasts in response to the phenomenon. The stock's current volume for the day is … He was previously a senior trading specialist at Charles Schwab, and worked briefly at Tesla. Returns as of 03/11/2021. "The Leibodong Cloud Crypto Mining Center based in Hejiang County, Luzhou, Sichuan sets an example and standard on how SOS will continue to secure cheap electricity in regions with rich renewable energy resources, such as Sichuan China," SOS chairman Yandai Wang said in a statement. RBLX Stock IPO: 12 Things to Know As Roblox Starts Trading Today. Become a Redditor. GameStop Stock Hearing Scheduled. P.S I confirm they are 100% Original !! Source is from one of our dear members on SOS telegram group, he was also one of the first people that contacted Russell Krauss. Reddit said Monday it raised more than $250 million in Series E funding from both existing and new investors. And to company executives, the deal in Leibodong is evidence it can launching mining operations with a cheap source of electricity. ONLY DO SO WHEN THERE'S A CRASH!". About SOS Limited. The stock price of Sos Ltd (NYSE: SOS) fell by over 20% today during intraday trading. Get Sos Ltd (SOS:NYSE) real-time stock quotes, news, price and financial information from CNBC. Reddit co-founder Alexis Ohanian offered support on Thursday to the forum, describing the GameStop stock-trading frenzy driven by investors coordinating on Reddit as a … SOS intends to use the proceeds from the deal to invest in cryptocurrency mining equipment as well as for general corporate purposes. However, most investors likely consider SOS stock as an emerging blockchain play in China. Like Bitcoin, Tesla, and the SPAC IPO, the Reddit forum r/wallstreetbets grew exponentially in 2020.In the first weeks of 2021, it discovered just how strong it's become. GameStop stock tumbled 42% to close at 53.50 on the stock market today.AMC finished 21% lower. For some context, SOS Ltd. works as a provider of data, technology, and solutions in China. Penny Stocks Under $1 Trending In January. Get in now before it rockets AMAZING NEWS: We received an email from Investor Relations (SOS limited) just now!! One of the big reasons that SOS stock shot up today comes as cryptocurrency continues seeing heightened interest from investors. Express, like GameStop, is a staple of the dying brick-and-mortar retail era. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. Get the latest SOS Limited (SOS) stock price quote with real-time news, financials, charts and other important investing information. SOS 6.50 0.42 (6.07%). SOS stock has been mentioned alongside other shares that are on the rise thanks to retail investors. If you visit the company website, you’ll quickly see a bunch of red flags (if you take the time to read through their news tab and check the annual reports). GameStop's resurgence amid a new Reddit-trader push has institutional investors triple-checking short exposure, SkyBridge Co-CIO says Will Daniel Feb. 25, 2021, 08:27 PM On the date of publication, Sarah Smith did not have (either directly or indirectly) any positions in the securities mentioned in this article. Dogecoin Is Fully Capable of Going ‘Whale’ Hunting, Short-Sale Restrictions: What to Know About the SSR Stocks Rule as GME Moves Wildly, Should You Buy GameStop Stock? Then, just last week, SOS announced that it was launching construction of a cloud crypto mining center in Hejiang County. Investors appear to be responding to a couple of catalysts. On Friday, Hindenburg Research announced on social media that it had a short position in SOS. With all the crypto frenzy and FOMO feels, I got caught up with SOS and dumped my stocks today. "We will continue to search for cheap and sustainable power plant [sic] to execute our aspiring strategy of cloud crypto mining.". What Is the Roblox IPO Price Range? InvestorPlace – Stock Market News, Stock Advice & Trading Tips SOS stock is on the move again Monday as SOS Limited responds to claims by short-seller Hindenburg Research. 7 days SOS Stock: Why Crypto Mining Play SOS Is on the Move Today InvestorPlace . Evan is a senior technology specialist at The Motley Fool. × • • • SOS stock today? Announces Pricing of $110.0 Million Registered Direct Offering, issued 11-Feb-2021 by SOS Limited over Cision PR Newswire, we are advised by the company that the headline should read as "SOS Ltd. "Stock market is flipping out because the 10-year yield has gone up a bit pretty fast. Early in February, news the company had acquired 5,000 cryptocurrency mining machines ahead of … AT&T Finally Made a Deal to Sell (Some of) DIRECTV. I am by no mean saying "THIS IS THE CRASH!" ET First Published: Feb. 25, 2021 at 5:54 a.m. According to the press release, SOS had entered a definitive agreement with the Leibodong Hydropower Station in Hejiang to use its electricity and physical space. There is no denying the allegations by Hindenburg and Culper sting, and they do raise concerns about SOS. Early in February, news the company had acquired 5,000 cryptocurrency mining machines ahead of schedule created a major rally. And the stock has been acting well over recent days, up something like 17% in that time. There are 3 things for certain: death, tax and the stock market going up in the long run. On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. ET Off the back of the success of BTC and the direct offering this seems like a no brainer. Certain investors have agreed to exercise warrants to purchase up to 23.9 million American depository shares (ADSes) at an exercise price of $4.05. Cumulative Growth of a $10,000 Investment in Stock Advisor, Why SOS Limited Stock Tanked Today @themotleyfool #stocks $SOS, Here's Why SOS Limited Stock Is Gaining Back Lost Ground Today, Copyright, Trademark and Patent Information. 2021 InvestorPlace Media, LLC. As with other companies like EHang (NASDAQ:EH) and Kandi (NASDAQ:KNDI), these short repots highlight that sometimes, it is hard for retail investors to know what is up. No Vaccine Shortage: Centre After Rajasthan's 'Stocks For 3 Days' SOS Coronavirus Vaccination: Rajasthan, which has been vaccinating 2.5 lakh people per … Market data powered by FactSet and Web Financial Group. Article printed from InvestorPlace Media, https://investorplace.com/2021/03/stock-stock-sos-limited-crypto-blockchain-hindenburg-research/. Copyright © 2021 InvestorPlace Media, LLC. Sarah Smith is a Web Content Producer with InvestorPlace.com. Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer. For the First Time, Outstanding Mortgage Loan Debt Tops $10 Trillion. Nasdaq InvestorPlace – Stock Market News, Stock Advice & Trading Tips Emergency Rescue technology company SOS Limited is surging in trading today, with wider interest in cryptocurrencies fueling the gains.