Clover Health Holds Meme Baton Premarket

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Clover Health Holds Meme Baton Premarket
Credit: © Reuters.

By Dhirendra Tripathi – Clover (JO: CLRJ ) Health (NASDAQ: CLOV ) was holding the fort for meme stocks in Thursday’s premarket trading, while others stared at a weak start to the session.

Clover Health stock was up 6%, a small recoup from the 23% lower close a day earlier.

Most others looked like extending their previous day’s losses.

GameStop (NYSE: GME ), which declared a narrower loss for the first quarter, was down 7%. It had gained 0.8% the previous day.

AMC Entertainment (NYSE: AMC ) stock was down 4% after shedding a tenth of its value Wednesday.

Workhorse (NASDAQ: WKHS ) was trading 2.5% lower, while BlackBerry (NYSE: BB ) and Virgin Galactic (NYSE: SPCE ) stocks were both down 2%.

Wendy’s (NASDAQ: WEN ) stock fell the least, by 1%. The stock of the restaurant chain had eroded by 12% in the last session.

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