The renewed push higher in meme stocks this month is unlikely to be a carbon copy of the frenzied activity seen in early 2021, one strategist explained.
“That might have been a once-in-a-lifetime move with what we saw in the past,” Ihor Dusaniwsky, managing director at S3 Partners, said on Yahoo Finance Live (video above). “What we’re seeing is just reemergence of the meme stocks on different time periods, where you’ve got this retail base that’s moving the stock up. Institutions are long and…
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