Hard to say. If it opens in the low 8s, that would be 30% higher than Friday's close. That is a big gain and an open like that might be the high of the day. There were two days this week where it opened in this area and dived. Or, it may rocket past 10! I wish I knew.
Short EDMC. They reported tonight and it was not great. Edmc has had a massive run up in the past two weeks.
This stock was under $10 three weeks ago. I'm curious to see how it will trade after earnings today.
Ugly day, after opening at 19. However, It does seem to be sitting at/above support and the price targets were raised. Maybe this was the sell on the news washout before new buyers send it higher.
Stocks that rise 70% in one day always drop the day after, unless they are extremely low float or are bought. Neither are the case here. I am unable to find an example of when this has not happened.