Published on 22 Aug 2022 on Bloomberg via Yahoo Finance
(Bloomberg) -- The unraveling of the latest meme stock frenzy is accelerating as bad news for one of the most popular retail-trader favorites piles up and investors dump riskier assets.
Most Read from Bloomberg
Saudi Prince Says Oil’s Disconnect May Force OPEC+ ActionHome Sellers Are Slashing Prices in Pandemic BoomtownsStocks Knocked Down as Torrid Rally Hits a Wall: Markets WrapCredit Suisse Investment Bankers Are Bracing for Brutal Cutbacks‘House of the Dragon’ Debut Crashes HBO Max for Thousands