Meme stocks are back as legendary trader returns, leaving shorters in disbelief

May 15, 2024 Posted By: Leave a comment
A man shown in a smartphone waves at the camera.

Remember meme stocks?

In early 2021, the stock price of video game retailer GameStop pumped immensely after a Reddit community of traders, led by a trader known as Roaring Kitty (or DeepFuckingValue on Reddit), started buying en masse. This in...

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