Shares of WETG are trading 5% lower today - meme slump continues

Shares of WeTrade Group (WETG) are trading 5% lower at a price of $5.01 at the time of this writing. While the Information Technology sector is having a mildly pessimistic day in general, the company is underperforming it's peers.

WETG has been a popular target for meme traders the last few weeks, but is now trading near the bottom of it's 52 week range as the market sells off and meme stocks sell off harder.

WeTrade Group has been trading between a 52-week high of $50.5 and a 52-week low of $4.31. The stock has a market cap of $1.16 Billion.

As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

DescentFromAntiquity - 1 upvotes - source
Anyone see WETG get halted yesterday? Lmao. Hoping for the same today

Maleficent_Case_2411 - 0 upvotes - source
$WETG ---- WeTrade Entered into Strategic Partnership with Guyguide Limited, one of the leading travel agents in Hong Kong, to exclusively design and provide Monkeypox testing kits and insurance coverage products for traveling packages to US, Canada, Australia and European countries..