Meme stocks are on the rise again, with GameStop and AMC leading the charge again over the past week.
We look back at the crazy month of January 2021 to understand what caused meme stocks to gain over 2,000%, before falling back just as sharply. How did the short squeeze on hedge funds work? What effect did Wall Street Bets and social media have? And what does the future hold for these stocks?
In the Dumb Question of the Week, we ask what it means to say something is “priced in” to markets.