Shares of Healthcare Triangle Inc. surged over 100%, becoming the most actively-traded stock on US exchanges, with over 3 billion shares traded at just above five cents. The company’s market cap is nearly seven times less than the $150 million value of shares traded. The surge reflects the ongoing meme stock mania, with speculative names like Kohl’s Corp. and GoProInc. experiencing similar rallies. The volatile nature of these surges raises questions about companies’ ability to capitalize on elevated share prices.

Read more at Yahoo Finance: Five-Cent Meme Stock Makes Up 15% of Trading on US Exchanges