Latest news for BB Liquidating (OTC:BLIAQ) Stock

BB LIQUIDATING INC.

BB Liquidating Inc formerly Blockbuster, Inc. and its subsidiaries operate and franchise entertainment-related stores in the United States and a number of other countries.

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Movie rental chain Blockbuster went bankrupt in 2010 and has been an afterthought thanks to the rise of Netflix Inc (NASDAQ: NFLX).

The Penny Stock Behind Blockbuster Surges 1,400%: Rise From The Dead Or Mistaken Identity?

BB LIQUIDATING INC A by BB Liquidating Inc.

BB Liquidating Inc

BB Liquidating

Movie rental chain Blockbuster went bankrupt in 2010 and has been an afterthought thanks to the rise of Netflix Inc (NASDAQ:<a class="ticker" href="/stock/NFLX#NASDAQ">NFLX</a>).

What Happened: The remaining piece of Blockbuster is having a great week thanks to the rise of several heavily shorted stocks like GameStop Corp (NASDAQ:<a class="ticker" href="/stock/GME#NASDAQ">GME</a>) and AMC Entertainment Holdings Inc (NYSE:<a class="ticker" href="/stock/AMC#NYSE">AMC</a>).

BB Liquidating Inc (OTC:<a class="ticker" href="/stock/BLIAQ#OTC">BLIAQ</a>), formerly Blockbuster,&nbsp;is a <a href="https://www.benzinga.com/money/best-penny-stocks/">penny stock</a> that has risen more than&nbsp;1,400% in the last five days. The stock has been mentioned on the Reddit forum WallStreetbets.

Related Link: <a href="https://www.benzinga.com/trading-ideas/long-ideas/21/01/19346393/amc-national-beverage-and-8-more-heavily-shorted-stocks-to-watch">AMC, National Beverage And 8 More Heavily Shorted Stocks To Watch</a>

Another reason for the rise in the price of BB Liquidating could be mistaken identity. One of the fast-rising stocks has been BlackBerry Ltd (NYSE:<a class="ticker" href="/stock/BB#NYSE">BB</a>) with shares up over 50% this week.

When traders type symbol BB into the search bar on brokerages, BB Liquidating could be coming up first. Those who are unaware of BlackBerry and the share price could have mistakenly bought BB Liquidating.

There is currently one Blockbuster store <a href="https://bendblockbuster.com/">operating </a>in Bend, Oregon.

Price Action: Shares of BB Liquidating were up 181% to 14 cents on Wednesday.

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Latest news for BB Liquidating (OTC:BLIAQ) Stock

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