Meme stock crowd targets bankrupt Revlon, dusts off Hertz playbook But traders who want to replicate the Hertz win could be in for a rude awakening Axios · Jun 24, 2022
Michael Hiltzik: Bitcoin, NFTs, SPACs, meme stocks — all those pandemic investment darlings are crashing The finance world, which is constantly on the lookout for rules and laws it can break in the interest of making more money, may have come up against the one law that can't be broken: the law of gravity. Los Angeles Times · May 13, 2022
Biden reaps record tax haul on meme stocks’ once-and-done frenzy The surge in individual stock trading by Americans last year contributed to a record tax haul for the federal government this spring — shrinking the budget deficit and surprising Wall Street, but likely leaving President Joe Biden in no stronger shape as he battles for his fiscal agenda in Congress. Tribune News Service · May 9, 2022
BZ Chart Of The Day: Memes Meltdown The meme meltdown continues. The Listed Funds Trust - Roundhill MEME ETF (NYSE: MEME) has plunged by more than 40% since its debut on Dec. 8, 2021. Benzinga · Mar 8, 2022