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Meme Stocks Soar Again As Short Squeezes and Meme Mania Are Back

Tiger Newspress05-14

Shares of video game retailer GameStop soared more than 74% in value on Monday after a single post by a social media account named “Roaring Kitty”, in a frenzy that recalled the “meme stock” craze at the start of the decade. And AMC Entertainment also surged more than 78%.

Meme stocks soared again in premarket trading Tuesday. GameStop rose 160%; AMC Entertainment rose 150%; Koss rose 44%; Blackberry rose 31%.

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