Here is WallStreetBets' New Short Squeeze Target
The stock market was modestly higher on Thursday morning as it tries to rebound from recent declines, but Tanger Factory Outlet Centers (NYSE: SKT) is a major standout. Just a few minutes after the market's open, Tanger's stock price had climbed by as much as 25% and was still up by more than 15% as of this writing.
There isn't any company-specific news driving Tanger's stock price higher. But there's still a good explanation for today's move.
Image source: Getty Images.
Source Fool.com
