Shares of Clean Energy Fuels (NASDAQ: CLNE) jumped as much as 19.8% in trading on Thursday after traders piled into shares. The highs didn't last long, but as of 2:50 p.m. EDT shares of the energy stock were still up 12.9% on the day.
Clean Energy Fuels was trending on Reddit early today and it looks as if meme stock traders have piled into shares. As of this writing, 26.6 million shares have traded hands today, nearly quadruple the 6.8% average daily volume.
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Why Clean Energy Fuels Stock Jumped 19.8% Today