StockNews.AI
CBUS
Benzinga
2 days

Soybean Short Squeeze: Cooking Oil Stocks Pop After Trump Targets China

1. Trump's comments escalated trade tensions impacting soybean-related stocks. 2. Cibus, Inc. (CBUS) included in rally of agritech stocks. 3. Trump suggested U.S. self-sufficiency in cooking oil production. 4. Market saw significant buying and short-covering for low-priced agritech stocks.

4m saved
Insight
Article

FAQ

Why Bullish?

Historically, such trade tensions often lead to increased volatility in commodity-related stocks like CBUS, as was seen during the trade war with China previously.

How important is it?

The article highlights a significant market shift that is likely to affect CBUS directly amidst its sector's volatility.

Why Short Term?

The sudden surge from Trump's comments may lead to temporary price spikes but could stabilize afterwards as market realities set in.

Related Companies

Related News