Meme darlings in the top volume crew

Meta Materials

24/06/2021 16:41

(Updates prices, volume)
    ** Several meme stocks were seeing some of the biggest
trading volume on U.S. exchanges on Thursday with the newest
meme darling Marin Software  MRIN.O  leading the charge with a
56.3% gain and more than 120 mln shares changing hands
 urn:newsml:reuters.com:*:nL3N2O62XF
    ** Torchlight Energy  TRCH.O  up 5.6% was next in line with
more than 74 mln shares changing hands. Metamaterial  MMAT.CD ,
which is combining with Torchlight was up 22.5% in Canada
    ** Another high-volume retail-favorite, ContextLogic
 WISH.O  however was not faring as well, last down 6.8%
    ** U.S.-listed shares in Danish biotech company Orphazyme
 ORPH.O  were also trading briskly, last up 7.9% after surging
~25% on Wednesday
    **  ORPH, one of the "meme stocks" that have garnered the
attention of small-time traders on social media, has seen sharp
swings in its share prices this month, jumping ~300% on June 10
before sinking ~50% a week later  urn:newsml:reuters.com:*:nL2N2O00CG  urn:newsml:reuters.com:*:nL2N2O51O1
    ** Another meme stock, MicroVision  MVIS.O  was up 1.5%
Clover Heath Investments Inc  CLOV.O  down 0.4%, AMC
Entertainment Holdings Inc  AMC.N  down 3.8%, Alfi Inc  ALF.O 
up 5.1%, Workhorse Group  WKHS.O  was down 2.6%

 (Reporting by Sagarika Jaisinghani in Bengaluru, Sinéad Carew
in New York)
 ((sinead.carew@thomsonreuters.com))