MEGL shares gained 111% today. Here's what's happening:

Shares of (MEGL) are trading 111% higher at a price of $204.58 at the time of this writing. The stock is rocketing up on continued momentum from it's initial list last week. The Hong Kong based financial firm provides financial and independent financial advisory, post-listing compliance advisory, and underwriting services to corporations in Hong Kong.

Magic Empire Global Limited (MEGL) has been trading between a 52-week high of $241.54 and a 52-week low of $49.25. The stock has a market cap of $4.09 Billion.

The internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

vacityrocker - 2 upvotes - source
Wtf is a MEGL?

Lostworldz98 - 1 upvotes - source
Okay all I’m saying is if you are going to YOLO do it like this 🚀🌙🦍 $AMC 25c 8/19 50k $MEGL 80k @ premarket Monday $SPY 410p 8/15 25k $DIS 110c 8/12 25k $SNOW 170 c 8/26 10k $BLNK 25c 8/12 10k

Tsla_warehouse_engr1 - 1 upvotes - source
Buy MEGL in the pre market and sell @open duh

tommygunz007 - 1 upvotes - source
and shares in MEGL

Ok-Phase-3723 - 1 upvotes - source
SIGA in moving in premarket very slowly. Any thoughts on VRM or SUNW? I am up 81% on MEGL. Anyone else liking these. Waiting to buy $BBBY.