Meme stocks had their moment – again – in 2024

Wall Street has a long history of being easily spooked and fooled into panics, sell-offs, run-ups and bubbles. And meme stocks are especially prone to the whims of market-based hearsay. The GameStop frenzy in 2021 is one of the most famous examples, but 2024 saw continued hype over meme stocks across a range of industries, as well as those tied to the presidential election.

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