8 days ago • Posted by Martin Boujol

Meme stocks are extending their loosing streak

Since the crazy highs of meme stocks, these kept loosing value. The meme stocks basket was pushed to astonishing high, but a waning enthusiasm and a relatively bearish environment were enough to kill their performance. The group of 37 meme stocks lost 0.5% on Monday, marking a sixth consecutive decline. Should you believe in chatrooms or financial fundamentals? Source: Bloomberg, Yahoo Finance

Meme stocks are extending their loosing streak
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