Finance

Meme stock Top Financial Group plunges 39.4% on heavy trading volume

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Shares of meme inventory TOP Monetary Group Ltd. TOP fell 39.4% Friday amid heavy buying and selling quantity. The Hong Kong-based buying and selling agency joined the listing of meme shares final week when its shares skyrocketed greater than 890%, spurred on by the WallStreetBets crowd on Reddit. Within the final 5 days, High Monetary’s shares have pulled again 90.4%.The inventory noticed buying and selling quantity of just below 12.7 million shares Friday, nicely above its common 65-day buying and selling quantity of 1.26 million shares. Small-cap Chinese language shares have been attracting loads of meme-like consideration just lately. Shares of Baosheng Media Group Holdings Ltd. BAOS, rose 38.4% Friday…

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