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Get Out Now! 3 Meme Stocks Primed for a Painful Correction.
AMCAMC(AMC) Investor Place·2024-07-15 11:40

The glory days of the meme-stock phenomenon appear to be over. The heady days of 2021 when these names skyrocketed 30 or 40 times and stayed elevated for many months at a time appear to be long gone. On June 2, the leader of the meme-stock movement, Keith Gill, aka Roaring Kitty, revealed that he had $211 million of GameStop (NYSE:GME) stock and options and then scheduled an appearance on YouTube to discuss the company’s outlook. The shares subsequently spiked to around $46.50 from their previous level of a ...