Business Insider: “Investors are once again chasing some of the most speculative names in the stock market”By datatrekresearch in IN THE NEWS
Excerpt from Business Insider quoting DataTrek co-founder Jessica Rabe:
.... "Many of these types of stocks make up the Roundhill MEME ETF, which has jumped about 60% so far in 2023. And according to DataTrek Research co-founder Jessica Rabe, the gains could continue as the ETF is still about 50% below its record high seen in December 2021.
"Meme stocks' current positive momentum shows investors' animal spirits are starting to run hot again," Rabe said"....
Full article here on Business Insider.