Why Tootsie Roll Stock Is Suddenly Spiking Higher

Why Tootsie Roll Stock Is Suddenly Spiking Higher

Shares of Tootsie Roll Industries (NYSE: TR) were spiking on Wednesday -- yes, I said Tootsie Roll. Believe it or not, this could be the start of a short squeeze. You've likely become more familiar with the term over the past few days, but for those who haven't, allow me to briefly explain a short squeeze.