Reported about 23 hours ago
Meme stocks, once a symbol of retail rebellion against Wall Street, have become a normalized part of market dynamics, as recent price surges in companies like Opendoor and Krispy Kreme were met with indifference. With retail speculative behavior now a routine aspect of trading, investors are exploring riskier avenues like cryptocurrencies and leveraged ETFs. The speculative frenzy of 2021 differs from recent activity, where volatility appears shorter-lived, suggesting that while meme stocks may have lost their novelty, the appetite for retail involvement in the market remains strong.
Source: YAHOO