Infobird (IFBD) Stock Is Up Over 100%: What's Going On?

Infobird Co Ltd IFBD shares are trading higher by 148% to $6.85 Tuesday morning. The stock continues to experience marked volatility after the company on Monday said it encountered an unexpected delay in its planned reverse stock split.

Originally scheduled for February 26, the split will now take effect on March 4. This delay is attributed to regulatory clearances. Consequently, trading of split-adjusted shares will commence on the same day as the revised effective date.

See Also: Unity Software Stock Is Falling Tuesday: What’s Going On?

How To Buy IFBD Stock

By now you're likely curious about how to participate in the market for Infobird – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

In the the case of Infobird, which is trading at $6.84 as of publishing time, $100 would buy you 14.62 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

According to data from Benzinga Pro, IFBD has a 52-week high of $87.10 and a 52-week low of $0.43.