Why GameStop Dropped, but 2 New Meme Stocks Popped Friday

·3-min read
Why GameStop Dropped, but 2 New Meme Stocks Popped Friday

The Reddit crowd doesn't seem to have given up on GameStop (NYSE: GME) yet, but it seems to be paying more attention to other names it thinks it can drive into a short squeeze. In Friday trading, GameStop dipped, but electric vehicle start-up Canoo (NASDAQ: GOEV) and independent oil and natural gas company Camber Energy (NYSEMKT: CEI) are soaring, with chatter on the latter two names picking up on Reddit. GameStop had dropped 2.9%.

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