A retail investor criticizes Bernstein for issuing a bearish report on Kioxia with a -50%
A retail investor criticizes Bernstein for issuing a bearish report on Kioxia with a -50% price target, which led to retail selling, but the stock surged +12% shortly after.
“Bernstein is basically the institutional version of Jim Cramer: Tells retail Kioxia looks like it’s going to crash, gives a -50% PT. Bunch of retail sells. Stock proceeds to skyrocket right after, with another +12% today. https://t.co/kcdO6PlZ7b”Original post：X / @aleabitoreddit ↗