Meme stocks like GameStop are soaring like it’s 2021
Artur Widak/NurPhoto via Getty Images
To quote Elon Musk, “Gamestonk!!”
A roaring kitty, a legion of Redditors, and failing companies that are suddenly, inexplicably highly valued are making it feel like 2021 all over again.
GameStop was one of the first meme stocks — stocks that go viral among retail investors, usually for reasons outside the inherent value of their businesses — and now the craze seems to have reignited because Keith Gill, an influential investor on X under the handle Roaring Kitty...
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