Meme-stock mania may be back, but investors are seeing a different narrative this time around. Unlike the GameStop frenzy in 2021, lending costs for shorting stocks aren’t skyrocketing. This raises questions about whether the excitement surrounding meme stocks is waning or if investors have simply adapted to the market.
The recent surge of stocks like Opendoor Technologies Inc. has sparked debate among traders and analysts. However, a closer look reveals that the moves are not as explosive as in previous episodes. This could be a sign that the market has become more mature, with investors becoming more cautious.
As the meme-stock drama unfolds, it’s essential to understand what’s driving these trends and whether they’re indicative of a changing market sentiment. With a marketwatch subscription, you can stay up-to-date on the latest developments and insights from the world of finance.
Source: https://www.marketwatch.com/story/as-latest-meme-stock-drama-unfolds-theres-one-thing-that-is-different-this-time-around-9c9e7623