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-0.0113772455089819 -0.0137724550898202 -0.0335329341317364 -0.0203592814371257 -0.0353293413173653 -0.029940119760479 -0.0173652694610778 -0.00838323353293395
Stock impact report

Clover Health shares tumble in another wild day for meme stocks [Toronto Globe and Mail (Ontario, Canada)]

Clover Health Investments, Corp. - Class A Common stock (CLOV) 
Clover Health shares tumble in another wild day for meme stocks Shares of Clover Health Investments Corp slid on Wednesday, a day after the new retail trader favorite soared about 86%, the latest meme stock to join the frenzy this year. The Medicare-backed insurance seller’s shares were recently down around 13% at $19.20 after climbing to nearly $29. Clover Health has been among the most visible of the new meme stocks to enthrall investors following forums such as Reddit’s WallStreetBets. The fresh crop shot higher in recent days following a resurgence in shares of video game retailer GameStop Corp and movie theater company AMC Entertainment Holdings. Many of the shares have taken a wild ride, with daily gains or losses in double-digit percentages. “There are plenty of people making money, but there are plenty of people getting their heads handed to them,” said Ken Polcari, founder and managing partner at Kace Capital Advisors. “These names are risky because they’re ripping all over t Show less Read more
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