Alfi Inc shares tumble more than 25% from record highs, 'meme stock' Torchlight also sinks

Alfi Inc shares tumble more than 25% from record highs, 'meme stock' Torchlight also sinks

4 years ago
Anonymous $LNMzUc6XNz

https://www.reuters.com/article/us-usa-stocks-meme/alfi-inc-shares-tumble-more-than-25-from-record-highs-meme-stock-torchlight-also-sinks-idUSKCN2DZ0Y6

Shares of new retail darlings Alfi Inc and Torchlight Energy were both down more than 25% on Wednesday, highlighting the wild ride facing investors in so-called meme stocks in a year that has thrown the spotlight on retail traders.