Meme stocks are running wild again. Some of the latest highfliers — Krispy Kreme (DNUT), Opendoor (OPEN), and Kohl’s (KSS) — all have one key thing in common: They are heavily shorted stocks. This means investors have been betting the next price move for these names will be lower, and some strategists suggest that this…
NEW YORK (AP) — As the stock market pushes into record territory and bargains become harder to find, investors are once again turning to some of Wall Street’s beaten down companies in hopes of a quick score. The latest so-called meme stocks are the department store Kohl’s, which has surged this week, and the online-based…
Meme stocks like AMC Entertainment and GameStop get their price spikes from exceptional buying interest. AMC announced its fourth-quarter results on Feb. 25. AMC and GameStop are known for volatile movements associated with meme stocks. Source link