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Meme stocks have made a return after popular Reddit contributor Keith Gill, also known as "Roaring Kitty," returned to social media. Stocks like GameStop (GME) and AMC Entertainment (AMC) saw a bump in trading but, as of Friday afternoon, are showing signs of fizzling out. Other companies, including small-cap stocks like Faraday Future Intelligent Electric (FFIE) and Greenwave Technology Solutions (GWAV) were caught up in the meme craze, seeing triple-digit percentage gains for the week.
Yahoo Finance Reporter Ines Ferré joins Market Domination to break down the movements in meme stocks.
For more expert insight and the latest market action, click here to watch this full episode of Market Domination.
This post was written by Nicholas Jacobino