Carver Bancorp (CARV - Free Report) is one of the oldest and largest Black-owned financial institutions in the US. The company was founded in 1948, and is headquartered in the Harlem neighborhood of New York City.
Shares soared on Thursday. CARV was up over 200% at one point in morning trading, and the stock closed the day up 106.9% to $21.89 per share. Trading volume increased to 69.2 million shares compared to the past 30-day average of 1.1 million shares, and the stock was halted nine times this morning because of volatility.
Former hedge fund manager Will Meade recently pointed out on Twitter that CARV is one of the most shorted stocks in the marketplace. Short interest currently sits at about 60%, and retail investors are now betting big, as a short squeeze looks to be in play for CARV.
There’s now a subreddit dedicated to the bank’s shares, r/carvstock. Little mention has been made of CARV on the ultra-popular thread r/WallStreetBets because its market cap is less than $1 billion.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Carver Bancorp (CARV - Free Report) is one of the oldest and largest Black-owned financial institutions in the US. The company was founded in 1948, and is headquartered in the Harlem neighborhood of New York City.
Shares soared on Thursday. CARV was up over 200% at one point in morning trading, and the stock closed the day up 106.9% to $21.89 per share. Trading volume increased to 69.2 million shares compared to the past 30-day average of 1.1 million shares, and the stock was halted nine times this morning because of volatility.
Former hedge fund manager Will Meade recently pointed out on Twitter that CARV is one of the most shorted stocks in the marketplace. Short interest currently sits at about 60%, and retail investors are now betting big, as a short squeeze looks to be in play for CARV.
There’s now a subreddit dedicated to the bank’s shares, r/carvstock. Little mention has been made of CARV on the ultra-popular thread r/WallStreetBets because its market cap is less than $1 billion.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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