|

BBIG stock news: Vinco Ventures Inc closes the week higher after late day surge

  • NASDAQ:BBIG gained 1.28% on Friday to snap its five-day losing streak.
  • Meme stocks have another volatile day to close the week.
  • A major social media platform is getting into the NFT game.

NASDAQ:BBIG finally reversed its downward trend and managed to close the week on a positive note. On Friday, shares of BBIG gained 1.28% and finished the trading session at $6.32. The bullish bounce came at the end of the day as BBIG surged into the closing bell, erasing the losses from earlier in the day. The move higher also came alongside a push by the Dow Jones and the S&P 500 which managed to finish the day in the green after trending lower for the better part of the session. The NASDAQ was the lone major index to close in the red, as it edged lower by 0.03%.


Stay up to speed with hot stocks' news!


Meme stocks closed the week on a mostly sour note, with Vinco Ventures and AMC (NYSE:AMC) as the only major stocks to finish higher. Meanwhile, GameStop (NYSE:GME), ContextLogic (NASDAQ:WISH), and SmileDirectClub (NASDAQ:SDC) all traded lower on Friday. Vinco Ventures put an end to its recent five day losing streak, but still closes the week down over 11%. The NFT and Blockchain-based company had a nice run up to its all-time high price of $12.49, but has done little in the way of showing investors it will return to those levels in the near future. 

BBIG stock forecast

On the topic of NFTs, Twitter (NYSE:TWTR) announced that it is beginning to explore the NFT market. The first step is to authenticate existing NFTs that users use as their profile pictures. Investors might recall that Twitter CEO Jack Dorsey is also the CEO of Square (NYSE:SQ), which is heavily into cryptocurrencies and NFTs. Twitter is also implementing the ability to tip certain Twitter users with Bitcoin, rather than fiat currencies. 
 

Premium

You have reached your limit of 3 free articles for this month.

Start your subscription and get access to all our original articles.

Subscribe to PremiumSign In

Author

More from Stocks Reporter
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD retreats toward 1.1700 on modest USD recovery

EUR/USD stays under mild bearish pressure and trades below 1.1750 on Friday. Although trading conditions remain thin following the New Year holiday and ahead of the weekend, the modest recovery seen in the US Dollar causes the pair to edge lower. The economic calendar will not feature any high-impact data releases.

GBP/USD struggles to gain traction, stabilizes near 1.3450

After testing 1.3400 on the last day of 2025, GBP/USD managed to stage a rebound. Nevertheless, the pair finds it difficult to gather momentum and trades marginally lower on the day at around 1.3450 as market participants remain in holiday mood.

Gold climbs toward $4,400 following deep correction

Gold advances toward $4,400 and gains more than 1.5% on the day after suffering heavy losses amid profit-taking heading into the end of the year. Growing expectations for a dovish Fed policy and persistent geopolitical risks seem to be helping XAU/USD stretch higher.

Cardano gains early New Year momentum, bulls target falling wedge breakout

Cardano kicks off the New Year on a positive note and is extending gains, trading above $0.36 at the time of writing on Friday. Improving on-chain and derivatives data point to growing bullish interest, while the technical outlook keeps an upside breakout in focus.

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).