BlockchainThe stock price of a company that sells shiitake mushrooms shot up 350% and then fell back in seconds. FAMI became a meme stock.
The share price of the Nasdaq microcap Farmmi (FAMI) once soared 350% and then quickly fell back. More than 720 million shares were traded in a single day, nearly 90 times the normal daily average. A company selling shiitake mushrooms went out of the meme stock script.