Why Did US Cellular Skyrocket 93% on Friday, and What Does it Mean for Investors?

By |2023-12-07T19:55:31+00:00August 7th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , |

Friday’s trading session was a frenzy for investors of US Cellular (USM), as the stock jumped more than 93% - from around $17/share to more than $33/share. That being said, it appears the hype has died down over the weekend. The stock is gradually headed back toward earth, down 4.5% so far this morning. [...]