Forget the Magnificent Seven. Investors are now learning to love the Unprofitable 858.
Meme stocks and money-losing companies are now back in favor, and underpinning a rally that has lifted the market to records.
Meme Stocks and YOLO Bets Are Back and Fueling the Market’s Rally
Shares of unprofitable companies have outperformed since early April, and investors are now speculating like it’s 2021
Forget the Magnificent Seven. Investors are now learning to love the Unprofitable 858.
Meme stocks and money-losing companies are now back in favor, and underpinning a rally that has lifted the market to records.