Roaring Kitty Rally 3.0? 3 Meme Stocks Ready for Round Three
Chewy(CHWY) Investor Place·2024-07-10 01:54
The events of January 2021 and the unlikely rise of GameStop inspired a new wave of meme investing off the back of a strong post-pandemic recovery on Wall Street that saw more retail investors coordinate to inflate the value of their favorite stocks based solely on sentiment. But what's so significant about Gill's return in 2024? Crucially, markets have embarked on a new wave of optimism that hasn't been seen since the time of the last meme stock rally in 2021. With expectations of Federal Reserve rate cuts ...