Sounding a lot like a sports term, what is it called in Wall Street lingo when a stock price jumps sharply higher, forcing traders who bet that it would fall to snap up more shares?
Answer Short squeeze
As defined on Wikipedia, a "short squeeze is a rapid increase in the price of a stock owing primarily to an excess of short selling of a stock rather than underlying fundamentals. A short squeeze occurs when there is a lack of supply and an excess of demand for the stock due to short sellers having to buy stocks to cover their short positions."
Asked by Tom Cohen · Last updated 5 years ago · 1K views