Summary:
- Meme Stocks are having yet another moment.
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Meme stocks surging on Monday
Meme stocks are, once again, having a moment. The shares of meme stocks Game stop (GME), Bed, Bath & Beyond (BBBY) and AMC (AMC) were all rising as of Monday morning, with the exception of increasing interest in these names from the traders on Reddit's Wallstreetbets message board, which investors first became familiar with in the beginning of 2021.
AMC, Bed, Bath & Beyond, and GameStop are the three most popular tickers on the subreddit as of Monday morning, according to statistics from Ape Wisdom, a website that counts ticker mentions on Wallstreetbets threads.
Bed, Bath & Beyond shot up as much as 50% while GameStop and AMC shares were both higher by more than 15%. Shares of GameStop and AMC were both halted for volatility in the opening minutes of trading.
Sources: finance.yahoo.com
