Boxlight (BOXL) stock surged over 500% due to meme stock frenzy, not business growth. Trading at 15x early February price, long-term investors advised to stay away. Revenue down 20% year-over-year, no profit or cash flow. Reverse stock split for Nasdaq listing, lack of institutional coverage, overbought RSI at 80, risk of crash. Penny stock, no catalyst, vulnerable to pullback.
Read more at Yahoo Finance: This Penny Stock Is Up 230% And Just Touched a New 6-Month High. What’s Going on With Boxlight Shares Here?
