Money

Why the meme-stock frenzy is unlikely to repeat

Published

2 years ago

May 14, 2024

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Related Topics:Featured trending

Up Next

Apple responds to crushing iPad Pro criticism

Don't Miss

Why are airlines after the Biden Administration?

Nathan Langridge

Tech3 days ago

VPN downloads spike as Australia’s age verification laws begin

News2 days ago

Iran conflict and energy prices threaten semiconductor demand

News2 days ago

Middle East conflict impacts semiconductor supply

News4 days ago

Asia markets plummet as oil prices surge near $120

News2 days ago

Oil market volatility escalates amid Iran war uncertainty

News3 days ago

Iran warns oil tankers in Strait of Hormuz

News19 hours ago

U.S. issues urgent warning for Strait of Hormuz

News3 days ago

Dow drops 350 points as oil prices fluctuate

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Trending Now