Meme stock comeback underlines a frothy market that has been supported by retail investors
Retail investors’ fingerprints are all over the stock-market rally since the tariff-triggered lows in April with high-flying meme stocks emerging as top performers. Goldman Sachs’ retail favorite basket, consisting of U.S. equities most popular among the retail community based on flows, hit an all-time high on Wednesday, overtaking the previous peak from the infamous GameStop…