Meme Stock Mania Is Back Like It's 2021
Bloomberg Televisionยท2025-07-23 18:42
Meme stock mania is back like it's 2021 all over again. Amateur traders are piling into heavily shorted companies with low prices in a bid to get rich quick. This time around it's not GameStop, AMC, or Bed Bath and Beyond.The new batch of meme darlings are the likes of Kohl's, GoPro, Crispy Cream, and Wendy's. These are companies that have faced bankruptcy and are often bet against by short sellers for running poor businesses. Chatter on Reddit forums like Wall Street Bets is surging around these firms, and ...