CBRS trades at $216 after failing to recover $350, Scott Redler notes

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01.06.2026

CBRS trades at $216 after failing to recover $350, Scott Redler notes — CBRS shares drop to $216 after IPO

Scott Redler, chief strategic officer at T3 Live and T3 Trading Group, reflected on the CBRS initial public offering, describing it as problematic for investors who were not involved before its launch.

He noted that CBRS shares are currently at $216 and have yet to recover the $350 level.

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Redler has recently identified PLTR as his top trade after the stock broke out of a six-month downtrend, according to a prior report. He also previewed the impact of the upcoming U.S. jobs report and major earnings releases from PANW, AVGO, CRWD, CIEN, and LULU in a recent article. Redler continues to provide regular commentary on key market events.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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