Helius Medical Technologies, Inc. surged over 66% in premarket trading.
It rose 48% after hours last Friday, there is a claim out there that Helius is about to become the new meme stock. We have to say that we can’t see it from the medical technology they have but then that sort of reality isn’t what a meme stock is about. Meme stocks are about whether enough people believe it’s going to be the next big thing or not. If they do they’ll pile in, the price will rise and so we’ll have a momentum trade going on.
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