News Snapshot:
Meme stocks might not be a buy right now but these speculative plays are known for high levels of unpredictability because they can rally or crash in any market, and at any time. Their meteoric rises and heart-stopping crashes typically depend on social-media hype and online interest. X These stocks do follow traditional investment wisdom, which says you should buy stocks based on strong growth and performance records. Rather, memes are characterized by frenzied price action in certain types of highly-popular stocks, causing prices to rise by 1,000% or more in a very brief time. And they can crash just...
