3 Meme Stocks that r/WallStreetBets Loves (but Shouldn't!)
Hims(HIMS) InvestorPlace·2024-03-11 04:00
GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) saw their shares skyrocket in early 2021 after several Reddit users incited a rally. Investors may have largely lost interest in these two stocks. However, a number of other meme stocks are loved by r/WallStreetBets currently. Maybe they shouldn’t. U.S. equities are in the midst of a rally with the Nasdaq and S&P500 rising 7.97% and 7.02%, respectively, year to date (YTD). Moreover, the Russell 2000 Index, which tracks the performance of small-cap compani ...