Camber Energy Inc
NYSE MKT: CEI
$0.17
+$0.00 (+-2.0%)
Closing price April 26, 2024
One of the hottest meme stocks of the past two weeks was giving back more of its gains Monday.
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Retail investors have some choice short squeeze targets this week and one stock, in particular, could see continued heavy volume and volatility.
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Markets have been muted today with most sectors traded lower. Meme stock moves as of noon Friday have followed the same script, but the day is still young.
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One meme stock nearly doubled its share price Thursday on trading volume on more than 900 million shares. The stock was still climbing in Friday's premarket.
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One meme stock momentarily doubled its share price Thursday morning.
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Wednesday's biggest loser may be Thursday's big winner, at least among meme stocks. And another stock that has been sinking for the past month also headed higher.
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With all major indexes down for the day, it's no surprise that losers outnumber winners among the meme stocks we cover.
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A short seller report published Tuesday continued to drag down shares of a popular energy stock, and a big federal contract has lit a fire under a cybersecurity stock.
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A short seller's report on Camber Energy cut the stock's share price by more than half Tuesday morning.
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Losers far outnumbered winners among meme stocks in the noon hour Monday. The gains and losses were moderate, however.
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Stocks are trading lower in Monday's premarket but some meme stocks are moving higher after a mostly negative finish Friday.
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Meme stocks mostly were trading in the red Friday, with a few of the stocks posting big drops after several sessions of big gains.
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The last day of the September quarter has been marked mostly by unconvinced traders looking for some last-minute winners.
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Meme stocks had another tough day Wednesday, with fewer than 10 posting a gain for the day. Thursday was off to a good start, but then, so did Wednesday.
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While stocks struggled to keep early gains following Tuesday's dip, meme stocks were less successful at beating off sellers.
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