Reported about 18 hours ago
The current meme stock rally, which has involved heavily shorted stocks like Kohl's and Krispy Kreme, showcases a notable involvement from Wall Street, contrasting with the 2021 GameStop phenomena. Experts highlight that institutional traders are now engaging alongside retail investors, driving volatility and price movements as both long and short positions compete. This evolution suggests that meme stocks may continue to rise, attracting attention towards names with high short interest and brand recognition.
Source: YAHOO