Meme Stocks Are Reliving Their 2021 Glory Days
AMC(AMC) Forbes·2024-05-15 20:13
On May 10th, large volumes of deep out-of-the-money GameStop options were purchased. (Photo ... [+] Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesA familiar phenomenon has resurfaced, capturing the attention of investors and analysts alike. Meme stocks, those unconventional, often-struggling companies that garnered a cult-like following among retail traders, are experiencing a renaissance reminiscent of their meteoric rise in 2021.GameStop G ...