Explainer: Why are meme stocks on Wall Street rallying again?

Explainer: Why are meme stocks on Wall Street rallying again?

GameStop and AMC Entertainment have again captured retail investors’ attention, reminiscent of “the meme stock frenzy” that gripped Wall Street three years ago, following social media posts from the leading figure behind that rally “Roaring Kitty”. Here is what you need to know about the recent surge in meme stocks: Roaring Kitty and his sketch … Read more