Meme darlings surge as retail interest rekindled

Farmmi

17/11/2021 15:52

(Updates)
    ** Medical diagnostics provider Progenity  PROG.O  climbs
15.2%, oil and gas co Camber Energy  CEI.A  22.6%, blockchain
company Bakkt Holdings  BKKT.N  5.6% and volatile EV stock Canoo
Inc  GOEV.O  gains 13.3% as stocks find mention on Reddit forums
    ** Mentions of PROG jumped 350% in the last 24 hours and
GOEV mentions were up 405% on r/wallstreetbets, placing them
among the Top 10 mentioned stocks on the Reddit forum, according
to Memeberg Terminal, a site that tracks ticker mentions on
social media sites 
    ** Rivian Automotive Inc  RIVN.O , Lucid Group Inc  LCID.O 
were the two most mentioned stocks on r/wallstreetbets as demand
jumps for EV makers, while GOEV also caught retail attention on
Reddit  urn:newsml:reuters.com:*:nL4N2S82BS
    ** PROG, LCID are the top two trending stocks on
investor-focused social media stocktwits.com 
    ** LCID reversed course after gaining over 9% premarket to
trade down 1.2%, while RIVN declined 17.3% after euphoric rally
in EV companies since RIVN's blockbuster market debut last week
 urn:newsml:reuters.com:*:nL4N2S82YT
    ** More than 75.6 mln shares of PROG, 46.1 mln shares of
CEI, 69.3 mln shares of LCID, 24.6 mln shares of GOEV and 1.3
mln shares of BKKT traded by 10:00 AM ET
    ** Other well-known memers AMC  AMC.N  and Gamestop  GME.N 
up 3% to 6%, while Chinese mushroom co Farmmi  FAMI.O  up 0.7%

 (Reporting by Bansari Mayur Kamdar)
 ((BansariMayur.Kamdar@thomsonreuters.com;))