A stock that once dominated the threads on Reddit’s infamous WallStreetBets community, and introduced the world to retail-driven “meme” stocks, is beginning to cool down, as its Momentum score in Benzinga’s Edge Stock Rankings witnessed a steep decline over the past week.

Reddit’s Favorite Stock Sees Its Momentum Tank

The Momentum score in Benzinga’s Edge Rankings assesses the strength of a stock relative to the thousands of other stocks ranked. It essentially considers price movements and volatility across multiple time frames, before ranking them individually as a percentile against others.

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