As the current rollercoaster ride seemed set to continue, Camber Energy remained the hottest name on Wall Street, as the oil-and-gas company's stock is once again the most actively traded on major U.S. exchanges ahead of Friday's open. After skyrocketing 95.9% on volume of 961.2 million shares on Thursday, the stock jumped in Friday's premarket on the volume of 71.9 million shares. This came after the business announced it had no intentions for a reverse stock split. After the open, they remained up around 20% from yesterday's close.
That surge came after a four-day losing streak in which the stock fell 76.1% on average daily volume of 474.7 million shares, following a six-day rally in which the stock rose 161.6% on average daily volume of 523.3 million shares. According to FactSet, rival "meme" stocks AMC Entertainment, -1.53% dipped 0.7% on volume of 263,369 shares, and GameStop Corp. GME, 0.12% eased 0.2% on volume of 4,069 shares, putting Camber Energy's early gain in perspective. The S&P 500, 0.09% futures ES00, -0.04% were also slightly moved.