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Today, investors in Magic Empire Global and MEGL stock are seeing what mean reversion in momentum looks like for a high-flying meme stock.
Meteoric rises in HKD stock and MEGL stock have led some to declare a resurgence in meme stocks. Here's how you can profit.
Magic Empire Global had just $2.1 million in revenue last year. MEGL stock had a market cap of roughly $3 billion as of Aug. 8, however.
Pre-market stock movers are the hot topic this morning as we cover all the latest news sending shares higher and lower on Monday!
Today, investors in Magic Empire Global and MEGL stock are cheering gains of 2,000% as investors pile into this speculative stock.