Cole Smead, CEO of Smead Capital Management, told CNBC that it was "frankly stupid" that day traders were piling once again into GameStop and other meme stocks.
Other meme stocks from 2021 such as AMC and Hertz were also up.
In what looks like a scenario from three years ago, GameStop (NYSE: GME) stock continues its surge, adding well over 70% in just one trading day, with gains of 30% extending in the pre-market, effecti
Shares of GameStop and AMC surged around 40% in pre-market trade on Tuesday, on track to extend gains after a dramatic upswing at the start of the trading week.

GameStop shares surge for a second day

04:28am, Tuesday, 14'th May 2024
GameStop shares rallied in premarket trade for a second day on Tuesday, extending gains when the investor most linked to the company's 2021 explosion had a social-media post for the first time in thre
Pandemic-era meme stocks GameStop (GME) and AMC Entertainment (AMC) both surged more than 70% to multi-month highs on Monday, sparking memories of the social media-fueled meme stock frenzy that swept
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David Boole, Baycrest, joins 'Fast Money' to talk GameStop's huge climb and how meme's and options trading are playing into it.
Roaring Kitty, a prominent figure in the 2021 meme stock phenomenon, returned to the social media platform X (formerly Twitter) and sparked a rally in notable meme stocks in Monday's trading session.
GameStop (GME) is back in the spotlight after trader Keith Gill, known as "Roaring Kitty" online, resurfaced with a post on X. Gill led the GameStop short squeeze in 2021, and following his online com
GameStop shares surged as speculation swirled around a return to social media by Keith Gill, who drove the meme-stock mania of 2021 under the moniker “Roaring Kitty.” Bloomberg's Bailey Lipschultz
Shares of GameStop surged after “Roaring Kitty” posted on social media for the first time in three years.
The meme-stock rally that sent shares of GameStop Corp. skyrocketing Monday has sparked memories of the “gamification” of trading that occurred during the meme-stock frenzy in 2021.
Meme stock mania appears to be far from dead. During the last incredible short squeeze cycle, which saw GameStop (NYSE: GME ) surge to incredible levels, many retail investors made a killing.
I'm not a GameStop (NYSE: GME ) hater. In fact, I have never traded the stock, nor do I have any intention to.
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