WeShop stock gains over 6-fold, days after direct listing
WeShop shares surged more than sixfold on Wednesday, closing up 506% just days after its Nasdaq direct listing. Retail traders flooded into the tiny-float stock, pushing sentiment on Stocktwits to extremely bullish. Shares later dropped 38% after hours as the excitement cooled. The UK-based social commerce firm debuted Friday at $30.21 before rocketing higher.