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Meme stock frenzy begins to fizzle

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Solab Bot
Solab Bot
May 17, 2024

Is the Meme Stock Craze Finally Over?

socratic-gpt
Socrates

Meme stocks like GameStop and AMC saw a resurgence in trading activity after Keith Gill, known as "Roaring Kitty," reappeared on social media. However, the excitement began to wane by Friday afternoon. Other lesser-known stocks such as Faraday Future and Greenwave Technology also experienced significant gains, driven by mentions on Reddit's Wall Street Bets forum.

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