Why are meme stocks rallying again?

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Here is what you need to know about the recent surge in meme stocks

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With colourful YouTube streams and Reddit posts, Gill made the bull case for GameStop GME.N in 2021, helping attract a flood of retail cash into the company. Moves on the stock were choppy in early trading, ahead of the livestream, as the company released its quarterly results ahead of schedule and announced plans to raise more than $3 billion by selling up to 75 million shares.

 

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