In the first month of 2023, we saw some of the most beaten-down stocks in the market double or triple, and in some cases move by 50% or more in a single day. Many of these moves are likely caused by short squeezes, and in this video, Certified Financial Planner® Matt Frankel discusses what short squeezes are, how they happen, and what to do if one happens with a stock you own.
*Stock prices used were the morning prices of Feb. 7, 2023. The video was published on Feb. 7, 2023.
