US EditionFive-Cent Meme Stock Makes Up 15% of Trading on US Exchanges
5 Articles
5 Articles
Five-Cent Meme Stock Makes Up 15% of Trading on US Exchanges
Shares of tiny Healthcare Triangle Inc. stood out as the most actively-traded name on US exchanges on Thursday, another example of how investor exuberance is fueling wild gyrations throughout the equity market.
The world of the meme stock is experiencing a furious comeback on the US stock exchanges – and a name stands out in particular: Healthcare Triangle. The share of the small IT service provider has risen overnight to the most traded paper on the US stock exchanges and makes even industry giants look pale. What seems like a gold rush for many could quickly become a high-risk bet [...] The post meme stock conquers the US stock exchange – a share exp…
This week, so-called meme stocks returned to the discussion, as several companies saw exceptionally strong and surprising increases in their prices. On Thursday, a small cent stock became the most actively traded stock in the US stock market.
The most actively traded stock on the U.S. stock market on the 24th was Healthcare Triangle Inc., a medical information technology company. The company is a low-priced stock with a small market capitalization, indicating the growing popularity of "meme stocks," mainly among individual investors.
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