Meme stocks, SPACs rebound: ‘Reddit raiders are at it again’

Resurgence: A pedestrian walking by a GameStop store in San Francisco. With the retail investor movement regaining momentum, the stock is surging. — AFP

NEW YORK: Investors are rediscovering their appetite for the market’s speculative fringes.

The shares of GameStop Corp and AMC Entertainment Holdings Inc – the poster-children of this year’s Reddit boom – are surging.