Why Angi Stock Popped Today

·2 min read
Why Angi Stock Popped Today

Shares of Angi (NASDAQ: ANGI) jumped by 13.5% Thursday even though there was no news out the home-services marketplace operator. Instead, a short squeeze appeared to be driving the stock's move, as there was unusually high trading volume in it during the session. Trading volume for Angi was 3.1 million shares for the session, nearly triple its normal level and its highest volume in more than four months.

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