Home Business If you’re thinking of riding the next meme stock mania, be sure to sell in about 2 weeks

If you’re thinking of riding the next meme stock mania, be sure to sell in about 2 weeks

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If you’re thinking of riding the next meme stock mania, be sure to sell in about 2 weeks

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The meme-stock phenomenon, in which Reddit merchants have been piling into one stock after one other, exhibits no indicators of slowing down. But even when the pattern is right here to keep, the size of every particular person stock’s run can be fleeting, a CNBC evaluation of market knowledge exhibits.

On common, Reddit shares’ runs lasted 9 buying and selling days from the begin to their first massive drop throughout the preliminary frenzy in January, although durations assorted and a few skilled vital volatility even earlier than lastly cratering.

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