Looking for the next meme stock? These stocks are short-squeeze targets

Core Insights - The recent surge in GameStop and AMC stocks, which increased over 100% in value in a single day, reflects a renewed interest in meme stocks, resulting in over $1 billion in losses for short-sellers and adding more than $6 billion to the market caps of these companies [1][2] Group 1: Market Performance - On May 13, meme stocks experienced significant gains, with AMC Entertainment rising by 78% and GameStop increasing by 74%, contributing to a total market capitalization increase of over $10 billion for meme stocks in that day alone [5][6] - Over the past three weeks, the cumulative market cap increase for meme stocks has reached nearly $25 billion, with many stocks hitting multi-year highs due to renewed interest [6] Group 2: Short Interest Analysis - Stocks with high short interest, such as Sunpower Corporation, Children's Place, B.Riley Financial, and Biomea Fusion, are identified as potential targets for a short squeeze, with short interest percentages exceeding 50% [3][4] - A short interest above 10% is considered high, while above 20% is very high, indicating that these stocks are vulnerable to significant price movements if short-sellers are forced to cover their positions [3][4]

Biomea Fusion-Looking for the next meme stock? These stocks are short-squeeze targets - Reportify