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24.07.25 - 21:54
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Why Meme-Stock Mania Keeps Happening (Bloomberg)
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Financial markets once again have been seized by meme-stock mania. In mid-July, a frenzied rally erupted around a cohort of beaten-down companies, including Opendoor Technologies Inc., Kohl's Corp. and Krispy Kreme Inc., fueled by a social-media buzz and a sudden surge of buying by retail investors....
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24.07.25 - 17:54
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Meme Stock Favorite Opendoor Is Surging Once Again. Look Out Below? (24/7 Wall St.)
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A Meme Stock Rollercoaster Opendoor Technologies (NASDAQ:OPEN) is surging 25% in morning trading today, reigniting excitement among retail investors who have crowned it a meme stock darling. Fueled by social media hype on platforms like Reddit's WallStreetBets and X, Opendoor's stock has seen wild swings, with a 188% weekly gain last week followed by a […]
The post Meme Stock Favorite Opendoor Is Surging Once Again. Look Out Below? appeared first on 24/7 Wall St.....
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24.07.25 - 12:57
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Meme Stock Mania Returns, Bitcoin At ATH. But Have You Checked Used-Rolex Prices? (ZeroHedge)
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Meme Stock Mania Returns, Bitcoin At ATH. But Have You Checked Used-Rolex Prices?
The meme stock craze of 2021 appears to be making a roaring comeback this week.
On Tuesday, shares of Kohl's soared as much as 90%, while premarket trading on Wednesday saw heavily shorted names, such as GoPro, jump 50% or more.
It all began with Monday's massive gamma squeeze in Opendoor Technologies, which triggered a record surge in call option activity.
Check out the full list of heavily shorted stocks.
While another round of meme stock mania unfolds and Bitcoin hovers near record highs at $120,000, the focus here isn't heavily shorted stocks or crypto.
If you recall, during the Covid mania in markets, luxury watch prices exploded as crypto bros and Robinhood traders bought Rolexes.
The latest data from the Bloomberg Subdial Watch Index, which tracks prices for the 50 most-traded watches by value on the secondary market, shows that used Rolex prices have recently hit their highest level in tw...
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24.07.25 - 12:12
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Is Opendoor at $2 the next millionaire-maker Nasdaq stock? (Fool)
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Some are betting that Opendoor Technologies (NASDAQ:OPEN) is the next meme stock to make investors filthy rich. Should I join in just in case?
The post Is Opendoor at $2 the next millionaire-maker Nasdaq stock? appeared first on The Motley Fool UK....
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