Torchlight Energy shares surge 74% in latest meme stock rally

Meta Materials

21/06/2021 15:06

June 21 (Reuters) - Shares of Torchlight Energy Inc  TRCH.O 
rose as much as 73.5% to a record high of $10.88 in morning
trade, the latest in a meme stock rally. 
    The stock was the most heavily traded on the Nasdaq and
among the top trending names on StockTwits, a platform commonly
seen as a measure of interest from small time investors. 

 (Reporting by Arathy S Nair and Aaron Saldanha in Bengaluru;
Editing by Anil D'Silva)
 ((arathys.nair@thomsonreuters.com; +1 646 223 8780 (Extn 2726);
Twitter: https://twitter.com/ArathySom;))