【Thursday Special】What's Your Take on Meme Stocks?
Welcome to Thursday Special! I hope you're all doing well in the market. 📈📉Meme Stock Mania ContinuesMeme stocks:Those stocks that gain popularity through discussions on community forums or/and social media platforms are known as Meme Stocks. The prices of these stocks skyrocket because of a sudden increase in popularity or awareness on social media. These short-term surges are likely to reverse quickly, thus, making them more volatile as compared to other stocks. The most common characteristics of meme stocks are:Experience rapid growth in a short span of timeHighly volatileGenerally overpricedMost notable is $Tupperware(TUP)$, which has rallied nearly 900% from its lows set two weeks ago. The stock is squeezing on seemingly no news, and it’s stil