Meme stocks took a big hit during another weak trading day on Friday. Three volatile stocks that have become popular with many investors, GameStop (NYSE: GME) , AMC Entertainment (NYSE: AMC) , and Vinco Ventures (NASDAQ: BBIG) fell between 3% and 14% by 11:15 a.m. EDT, while the broader market was down roughly 1%.
There wasn't any significant news out of the companies, but shares are down over the last few trading days as investors have turned away from riskier stocks.
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Why AMC Entertainment, GameStop, and Vinco Ventures Stocks Fell on Friday