Reported about 2 months ago
Meme stocks are experiencing a resurgence, contributing positively to the ongoing risk rally in the market. Since the market low on August 5, the S&P 500 has increased by $3.7 trillion, with meme stocks like GameStop and AMC showing notable volatility. This revival indicates a broader market participation and suggests that the current trend isn't merely driven by speculative trading, but rather influenced by individual company performances and general market dynamics.
Source: YAHOO