Oct. 10 at 8:14 AM
$DCFCQ That's an interesting and somewhat puzzling situation then. If there's no readily available recent news to explain such a massive jump from
$0.94 (your average buy price) to
$25.25, it opens up a few more possibilities, some of which are less common:
1. Delayed or Obscure News: Sometimes, news that impacts a stock significantly might be released in less mainstream channels, or it might be news that takes a little longer to filter into general financial headlines.
2. Company-Specific Filing: The news might be buried in a less public regulatory filing that hasn't been picked up by news outlets yet.
3. Market Mechanics (e.g., Short Squeeze): Even without specific news, if a stock has a very high short interest and a low "float" (number of shares available for trading), a concerted buying effort can trigger a short squeeze. This is where those who bet against the stock (shorts) are forced to buy to cover their positions, driving the price up exponentially.