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The Guardian - US
The Guardian - US
Business
Edward Helmore

Winning bets? Meme stock frenzy of 2021 makes a return

GameStop Ihor Dusaniwsky Robinhood AMC Reddit Bed, Bath & Beyond Hedge Funds Ryan Cohen AMC Entertainment Baird
An AMC movie cinema in Garland, Texas. GameStop and other meme stocks, such as AMC, are soaring again.
An AMC movie cinema in Garland, Texas. GameStop and other meme stocks, such as AMC, are soaring again. Photograph: LM Otero/AP

Just like double denim, it seems some trends never really die. After flaming out in spectacular fashion last year, the meme stock frenzy of 2021 has made a return.

In recent weeks the share price of troubled retailers Bed Bath & Beyond and GameStop and the cinema chain AMC Entertainment have once again soared.

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