Several meme stocks are on the move today and we’re taking a closer look at some of the top ones for Wednesday.
The rise of meme stocks has seen plenty rallying over the last few weeks. However, not all of them are heading higher today. Let’s take a deeper dive into that below.
Meme Stocks Moving
- Virgin Galactic (NYSE:SPCE) stock starts us off with shares climbing 3% as some 10.7 million shares change hands. The company’s daily average trading volume is about 20.2 million shares.
- Clover Health Investments (NASDAQ:CLOV) also joins the list with the stock sitting over 6% higher as of this writing. That comes as more than 85 million shares traded, as compared to its daily average trading volume of 51.2 million shares.
- Express (NYSE:EXPR) shares are rising over 1% this morning with some 3 million units moving. For comparison, the stock’s daily average trading volume is closer to 10.5 million shares.
- GameStop (NYSE:GME) stock is dipping slightly lower as about 1.5 million shares change hands. To put that in perspective, the stock’s daily average trading volume is 9.8 million shares.
- AMC Entertainment (NYSE:AMC) shares are jumping more than 1% with over 57 million shares on the move. The company’s daily average trading volume is closer to 154.4 million shares.
Meme stock traders that are looking for more market news today can keep scrolling.
InvestorPlace offers daily coverage of the stock market and that includes meme trading and more. A few examples of today’s news include what Reddit has to say about Clover Health Investments, Western Sierra Resource (OTCMKTS:WSRC) seeing major movement, as well as a squeeze for KB Home (NYSE:KBH) shares. Learn all about these subjects at the links below!
More Wednesday Stock Market News
- CLOV Stock: What Reddit Investors Are Saying as Clover Health Shares Surge Today
- WSRC Stock: 13 Things to Know About Penny Stock Western Sierra Resource After Shares Rocketed Nearly 1,000%
- KBH Stock: Why Redditors Are Betting on a Big Short Squeeze for KB Home
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s writers disclose this fact and warn readers of the risks. Read More: Penny Stocks — How to Profit Without Getting Scammed