RIDE - To the moon! Deeper dive into meme stock trading

sitox/E+ via Getty Images The meme trade is transforming into something new as retail traders continue to make waves in the broader markets. The ability to pool together their collective research or sentiment is lending credence to a new investment strategy, which is generating so much buzz that brokerages, hedge funds and institutions didn't see it coming. With more stocks being added to the category by the day, volatility is even affecting rebalancing decisions of market indexes like the Russell 2000 (IWM), which was once considered a stable benchmark for mutual funds before all the action. The old meme list that headlined favorites AMC (AMC) BlackBerry (BB) and GameStop (GME) is changing. Over the last few sessions, we've seen bug run-ups and falls in names like Clover Health (CLOV), ContextLogic (WISH), Clean Energy Fuels (CLNE), GEO Group (GEO) and even Wendy's (WEN). The fast-food chain was added to the group

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To the moon! Deeper dive into meme stock trading