Finance

Clean Energy Fuels stock soars as retail traders pick new meme stocks

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Clean Energy

Source: Clean Energy

A new day means new targets for the retail trading crowd.

Shares of Clean Energy Fuels surged 29.3% by 1:30 p.m. ET on Wednesday, coinciding with mentions of the company jumping on internet chat boards.

Clean Energy Fuels was the second-most discussed name among retail traders in last few hours before the bell Wednesday, according to data from HypeEquity.

However, enthusiasm in some of the meme stocks may be fading, with shares of ContextLogic losing their double-digit gain within an hour after markets opened Wednesday. The stock traded about 2% lower as of 1:30 p.m. ET. ContextLogic is known as Wish.com, an e-commerce platform.

The sudden interest in the…



Source cnbc.com

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