Recently, the trend of meme stock frenzy continues in the U.S. stock market. From the previously hyped Brain Regeneration Technology, which
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Recently, the trend of meme stock frenzy continues in the U.S. stock market. From the previously hyped Brain Regeneration Technology, which saw a 500-fold increase within the year, to the more recent Opendoor, Kohl’s, Krispy Kreme, and GoPro, new favorites among meme stocks are rapidly emerging. Analysts believe that the significant surge in the prices and trading volumes of these meme stocks is primarily driven by social media buzz, short squeezes, and technical breakouts, while the fundamental business operations of the companies involved have not undergone any major changes. Barclays has already sounded the “bubble alarm” in response to this phenomenon. What is your view on the meme stock frenzy? Would you participate in it?