
One year has passed since the rise of “meme stocks” that included triple-digit increases in the prices of GameStop Corp. (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC). While both stocks have come down from peaks in 2021, there could be more room to fall, according to a new report.
What Happened: In January 2021, one of the most dynamic stories of the stock market's past decade occurred. A movement of retail traders took on large hedge funds and short-sellers in several stocks of well-known companies.