“Among memes we follow, advancers and decliners were about even Tuesday, ” — Paul Ebeling
Tuesday’s only double-digit gainer among the meme stocks was SmileDirectClub Inc. (NYSE:SDC). It was among the most talked-about stocks on Reddit, trailing only Facebook and the S&P 500 SPY fund.The company had no specific news.
Cannabis producer Tilray Inc. (NASDAQ:TLRY) is reporting quarterly results before markets open Wednesday.
Tilray traded up about 2.5% at 11.01, in a 52-wk range of 4.87 – 67.00. The average daily trading volume is about 18.2-M.shares/
SmileDirectClub traded up 12.2%, at 5.70 in a 52-wk range of 4.63 – 16.08. The daily average volume is 14.4-M.
Have a prosperous day, Keep the Faith!