Week That Meme Stocks Returned
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An American Eagle ad campaign featuring Sydney Sweeney caught the attention of retail traders on Thursday, causing the stock to spike.
It's a photoshopped version of the iconic image of OJ Simpson driving his white Bronco, with a squad of police cars in pursuit
By now most people, even those vaguely tuned into finances, have heard the phrase "meme stock." But if you're just catching up, here are some basics.
Bursts of euphoric trading are often bullish for near-term returns, but rapid surges in speculation also raise the risk of a pullback, Goldman said.
Kohl’s Corp shares briefly doubled in value to a ten-month high of $21.23 on July 22, making it one of the most traded stocks on retail platforms. The chain became the latest “meme stock,” as the surge in trading was driven by online discussions on platforms like Reddit’s WallStreetBets.
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The US President used a meme of JD Vance in a social media post and some are now wondering if there is a fallout between the pair
The meme is apparently a reference to National Intelligence Director Tulsi Gabbard’s accusation that former President Barack Obama committed “treasonous conspiracy.”
Opendoor's flawed business model struggles amid rising mortgage rates and housing downturns. Click here to read an analysis of OPEN stock now.
It's about to get even wilder, too, as we explore one of the biggest viral incidents of the past decade. Storm Area 51 is all about a meme that spiraled out of control, resulting in people responding to an online joke invite and then actually showing up at the base.