At the start of trading, investors are always on the hunt for stocks that have recorded significant gains and one of the stocks that could be worth watching this morning is that of Yunhong CTI Ltd (NASDAQ: CTIB).
The stock has been on a tear this morning and has soared by as big as 98% thus far. While that may be the case, investors also need to note that there has been no news regarding Yunhong this morning that could have triggered such a move.
However, in such a situation, it is always a good idea to keep an eye on popular social media platforms. It appears that the Yunhong stock is a target of users across social media platforms like StockTwits, Reddit, Facebook, and Twitter. Investors are buying up the stock in order to force short sellers to cover their positions and when that happens, the stock price usually rises further. Hence, it might be a good idea for investors to keep an eye on the Yunhong stock this morning.