Article: Meme Stocks Mania: What Is ‘Naked Shorting’ and Why Is It Trending on Twitter?

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Meme Stocks Mania: What Is ‘Naked Shorting’ and Why Is It Trending on Twitter?

William White, 07 June 2021

Naked shorting is trending on Twitter (NYSE:TWTR) today and it looks like there’s no end in sight to the meme stock mania as users react to the news that kicked this all off.

All of the excitement around naked shorting started after CNBC host Melissa Lee mentioned that the practice was taking place with shares of AMC Entertainment (NYSE:AMC) stock. The host said the following while discussing the matter.

“There’s a lot of people, a lot of short sellers out there borrowing stock they didn’t have.” Continue reading “Article: Meme Stocks Mania: What Is ‘Naked Shorting’ and Why Is It Trending on Twitter?”