NIVF

Reddit attention is surging

• NIVF +27.72% on the last session vs SPY +0.74%: +27.0 pts of stock-specific move.
• Aftermath, big drop (Oct 1): After its 75 big drops in the past 5 years, NIVF typically lost 18.7% over the next month (median) and was higher only 27% of the time; half the outcomes fell between -49.3% and +0.4%. An ordinary month: -0.6%. Among S&P 500 stocks after big drops, that ranks #397 of 500.
• 0 Reddit mentions in the past 24 hours, 90% positive over the week · today's pace is 3.0× its recent daily average.
• Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.