How Mega Fortune Stock Tripled This Week
Shares of Mega Fortune (NASDAQ: MGRT) absolutely skyrocketed this week, according to data from S&P Global Market Intelligence. From last Friday's market close to 12:30 p.m. ET on Thursday, the stock had gained 182%. That's actually a sharp intraday dip; two hours earlier, the stock was up by 238% from last Friday. Mega Fortune's stock price has swung from $49 to $64, then back down to $28, before rebounding to $44 per share. That's just Thursday's action.
Mega Fortune had no reason for any of these moves, though. You're watching the wild, unpredictable price swings of a meme stock in action.
You've probably never heard of Mega Fortune before. Neither had I, two hours ago. Here are the basics.
Source Fool.com
