The fintech app that popularized memestocks has edged its way into the mainstream.
GoPro is the latest public company to benefit from a meme stock bump.
Memesters took the likes of Kohl’s and Krispy Kreme on a wild ride.
Shortsellers have now lost more than $2.2 billion as the company’s shares have risen.
The people purchasing stock of the Trump Media and Technology Group are likely buying shares out of loyalty to the former president rather than faith in it as a good long-term investment, argues the University of Florida’s Jay Ritter.
AMC sells APEs to tap into retail investors’ enthusiasm. Can it evolve beyond the meme?
Once-faltering firms like GameStop can leverage their sudden popularity to access more capital — if they can keep stock prices high for long enough.
Why the trading app is courting everyday investors with its initial public offering.
