The meme-stock rally of 2024 was, for the most part, very short-lived. Moreover, most of the meme stocks became stocks to sell by quickly retreated to points not far above their pre-rally levels. A few factors, in my opinion, caused the surge to last such a short time and largely dissipate so quickly. First, retail investors lack the huge amount of excess cash that they had in the second half of 2020 and 2021. Secondly, it’s likely that short sellers learned from the meme stock rally of several years ago an ...