Meme Stock Movers for 12/21: Cassava, Marathon Digital, Nikola, Progenity
Retail investors may be revving up a short squeeze on a stock that was hammered on Monday.
Retail investors may be revving up a short squeeze on a stock that was hammered on Monday.
Meme stocks, like Monday's broad markets, were trading higher, with more winners than losers and more new highs than new lows.
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.
China's ban on cryptocurrency and expected crackdown on crypto mining have wreaked havoc among U.S.-traded crypto miners Friday morning.
Several meme stocks made big moves on Thursday, and we're likely to see some big moves in bitcoin-related shares Friday following China's action making crypto trading illegal for the country's residents.
Bitcoin miners were getting clobbered, but there wass one meme stock wearing a big smile Monday morning.