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Historic Short Squeeze Drives Latest Meme Stock Rally, Goldman Sachs Says
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Historic Short Squeeze Drives Latest Meme Stock Rally, Goldman Sachs Says

Cs news1 year ago1 year ago04 mins

Bullish exuberance among retail traders drove a new meme stock rally this week. According to Goldman Sachs, it’s just the latest episode in “one of the sharpest short squeezes on record.” And while it’s got room to run, it also raises the risk of a downturn, the bank said. Analysts said this week’s rally in…

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