Bed Bath & Beyond brings meme stocks back in vogue to start 2023

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 92%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Growing signs that declining inflation has sparked retail traders

An army of retail traders drove up shares of meme stocks this week, led by a surge in Bed Bath & Beyond, as growing signs that inflation has peaked encouraged them to pick up shares at relatively “cheap” prices after the 2022 market slump.

Individual traders’ interest in Bed Bath & Beyond is reminiscent of trading in Hertz Global Holdings Inc and Revlon Inc, a move counterintuitive to conventional wisdom as investors risk losing their entire investment if an M&A deal fails to materialize. The U.S. consumer price inflation report on Thursday bolstered growing belief that inflation has peaked, helping revive the rally in highly-shorted meme stocks after rising interest rates dimmed the appeal for speculative trading last year.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 5. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Bed Bath & Beyond shares rise for third day, lifting other meme stocksBed Bath & Beyond’s stock was up nearly 50% at $3.13. It has risen about 140% so far this week
출처: globeandmail - 🏆 5. / 92 더 많은 것을 읽으십시오 »