Traders are targeting heavily shorted stocks, echoing the 2021 GameStop strategy

Retail bros charged into U.S. markets at Wednesday’s Open, lifting GoPro nearly 50% and pushing Krispy Kreme up 12%, after both stocks were picked up by Reddit’s WallStreetBets community. Both names are the latest additions to the forum’s high-risk favorites, joining a new lineup of meme stocks that have surged this month despite weak fundamentals […]

Source: cryptopolitan.com (Read Full Article)