Meme Stocks Soar Again As Short Squeezes and Meme Mania Are Back
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. AMC Entertainment rose 52%; GameStop rose 47%; Blackberry rose 28%; Koss rose 24%.
