Shares of the cosmetics giant Revlon Inc. shot up 18 percent since Tuesday, with the stock seeing it’s best three-day stretch in Wall Street since filing for bankruptcy last week.
By closing time Thursday, the stock was up $7.20 per share, a 269 percent increase over the last week, which came after individual investors gave the company a surge in what appears to be the latest meme stock phenomenon.
More than 186 million shares were traded on Tuesday, the most in the company’s history, with…
