CLNE - Wall Street Breakfast: Meme Madness

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Meme madnessTo the moon! 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, generating widespread buzz that brokerages and hedge funds didn't see 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 (NYSEARCA:IWM), which was once considered a stable benchmark for mutual funds before all the action.The old meme list that headlined favorites AMC (NYSE:AMC), BlackBerry (NYSE:BB) and GameStop (NYSE:GME) is changing. Over the last few sessions, we've seen big run-ups and falls in names like Clover Health (NASDAQ:CLOV), Clean Energy Fuels

For further details see:

Wall Street Breakfast: Meme Madness