Double Digit NASDAQ Stock Winners: CARV, NVFY, ARPO
9:36 am Friday, July 09th, 2021
Following are major stock gainers on Nasdaq in Thursday ‘s trading session:
Carver Bancorp, Inc. (NASDAQ:CARV) was the active stock gainer on Thursday . The stock soared 107% to close $21.89. o news appears to be driving the sudden price hike, but retail investors were talking up the stock on a subreddit called r/carvstock.
“Blasting up!!” one poster declared Wednesday. “$CARV to the moon!” “Spread the word people!!!” another poster said. “This will gamma squeeze… get as much people on board as you can!!! 68% shorted.” The company, founded in 1948 to serve African-American communities, did not appear on Reddit’s r/WallStreetBets, the site of many other meme stock discussions.
Nova LifeStyle, Inc. (NASDAQ:NVFY) was another notable winner as the stock went up 71.50% to end the session at $6.50. Nova LifeStyle, Inc., through its subsidiaries, designs, manufactures, markets, and sells residential and commercial furniture for middle and upper middle-income consumers worldwide. The company offers upholstered, wood, and metal-based furniture pieces for the living rooms, dining rooms, bedrooms, and home offices. Its products include sofas, chairs, dining tables, beds, entertainment consoles, cabinets, and cupboards.
Aerpio Pharmaceuticals, Inc. (NASDAQ:ARPO) surged 63% to $2.79 after H.C. Wainwright analyst Robert Burns is responsible for the upgrade today that has ARPO stock on the move. His new rating for the biopharmaceutical company bumps it up from a neutral rating to a buy rating. This matches the consensus rating for the stock, which is made up of two buy ratings. The good news for ARPO stock continues with Burns setting a $22 price target for the shares. That’s an incredibly bullish price target compared to the consensus of $2.75 per share.
