Meme stocks are back in the big leagues, spurred by the return of Keith Gill, known as ‘Roaring Kitty.' Many of the original meme stock plays, like GameStop (NYSE: GME ) and AMC (NYSE: AMC ), which went parabolic in 2021, soared over 70%.
Shares of Coinbase Global NASDAQ: COIN and Robinhood Markets NASDAQ: HOOD are capturing significant attention. Both stocks display promising technical patterns indicative of potential breakouts.
Over the past few years, investing in financial services stocks has been a case of buying the best and forgetting the rest. That narrowed the field considerably.
MENLO PARK, Calif., May 23, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today announced that it will be participating in the upcoming Deutsche Bank Global Financial Services Conference on Thursday, May 30, 2024.
Cathie Wood's ARK Invest funds were unstoppable in 2020 as investors piled into disruptive innovation stocks during the low-rate lockdown environment. After peaking in early 2021, the ARK funds — most notably the ARK Innovation Fund (NYSEARCA: ARKK ) — went on a multi-year decline, eventually bottoming out at the tail end of 2022.
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