All articles tagged with #meme traders
Beyond Meat shares surged for a third consecutive day, driven by meme traders and a short squeeze, with the stock jumping over 77% after a week of extreme volatility and retail investor interest, despite its long-term decline and recent financial struggles.
Bed Bath & Beyond shares surged by more than a third as meme traders rallied behind the struggling big box store, despite reports that it will file for bankruptcy within the coming days after a post-pandemic retail apocalypse swept the nation. Almost a fifth of Bed Bath & Beyond shares have been shorted by institutional traders. By comparison, less than one percent of Apple's shares are shorted.