When you’re pondering of using the following meme inventory mania, remember to promote in about 2 weeks
The meme-stock phenomenon, wherein Reddit merchants have been piling into one inventory after one other, exhibits no indicators of slowing down. However even when the pattern is right here to remain, the size of every particular person inventory’s run may be fleeting, a CNBC evaluation of market knowledge exhibits.
On common, Reddit shares’ runs lasted 9 buying and selling days from the begin to their first huge drop through the preliminary frenzy in January, although durations diverse and a few skilled vital volatility even earlier than lastly cratering.
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