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What's Going On With Vinco Ventures (BBIG) Stock?

Benzinga ·  Jul 24, 2023 23:42

Vinco Ventures, Inc. (NASDAQ:BBIG) shares are roaring higher on Monday. The stock has gained nearly 100% in the last five days.

What To Know:

Shares of BBIG are moving higher on Monday on unusually heavy volume, and the stock has been halted multiple times for volatility. According to data from Benzinga Pro, more than 30.5 million shares have already been traded on Monday, compared to BBIG stock's 100-day average of 979.1 thousand shares. BBIG has gained more than 165% over the last month.

BBIG has been a favorite among retail investors, and the stock is listed as one of the top trending tickers on StockTwits and Yahoo! Finance.Â

Vinco Ventures, Inc. is a digital media and content technology company. Vinco Ventures has an 80% ownership interest in Lomotif Private Limited (Lomotif), which offers a video-sharing social networking platform committed to democratizing video creation.

Related News: What's Going On With NIO Stock Monday?

BBIG Price Action: According to Benzinga Pro, Vinco Ventures shares are trading 40.1% higher at $4.71 at the time of publication.

Image: Mohamed_hassan from Pixabay

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