Meme stock trading frenzy enters day 2

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The meme stock frenzy continues on Tuesday, as names such as AMC (AMC), GameStop (GME), and BlackBerry (BB) experience a surge in trading activity. This revival is fueled by the return of Roaring Kitty, the influential trader, to the social media platform X (formerly Twitter) yesterday. Roaring Kitty's resurgence has sparked a renewed interest in meme trades, with meme stocks across the board rallying in response to this unexpected comeback.

Yahoo Finance's Jared Blikre breaks down the details, offering insights into the resurgence of the meme stock craze and comparing the current rally and the events of 2021.

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This post was written by Angel Smith