BOWX stock +10.78% pre-market: BowX Acquisition Corp. (NASDAQ) oversold bounce

BOWX stock opened pre-market as an oversold bounce candidate after a 10.78% intraday surge to $10.38 on 3,408,386 shares traded versus an average of 903,658. The move lifts BowX Acquisition Corp. (NASDAQ) above its 50-day average of $9.99 and into a short-term mean-reversion zone. With EPS and PE not reported and cash per share at $8.02, this shell company remains driven by liquidity dynamics, investor positioning, and takeover speculation. Traders using an oversold bounce strategy should weigh volume, price structure, and a clear stop given the missing operating earnings data for the United States-listed security.