The Game Stop meme-stock frenzy — what can we learn?
AMC(AMC) Market Watch·2024-01-16 17:01
The short sellers have gotten the last laugh—again. That’s the lesson to draw on this, the third anniversary of the meme-stock frenzy that captured retail investors’ attention in January 2021. That was the month, you may recall, in which retail investors—flush with pandemic stimulus money—engineered a huge short squeeze on stocks such as GameStop GME. It skyrocketed more than 2,000% in that month alone. Short... Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. ...