Tag: Meme Stocks
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Meme Stocks Return – Should You Be Worried?
Kohl’s shares surged 38 percent on Tuesday after retail traders swarmed the heavily shorted apparel retailer. The move echoed the 2021 meme stock mania, when GameStop but also AMC rocketed after Reddit users triggered short squeezes. Short interest in Kohl’s had reached 49 percent of the float by the end of June – according to…
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Is Investing in Meme Stocks a Good Idea?
During the past four years, a cluster of equities known as âmeme stocksâ has seized public attention. Each issue attracts a torrent of retail orders after screenshots, hashtags along with video clips propagate across Twitter, TikTok, Reddit in addition to Discord. The surge in order flow dwarfs the company’s average daily volume within hours –…
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