Helius Medical Soared Nearly 35% in Morning Trading
Tiger Newspress2023-09-05
Helius Medical Technologies, Inc. soared nearly 35% in morning 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.
Other meme stocks mixed in morning trading; fuboTV Inc. gained over 6% while Express, Inc. slipped over 6%.
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