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2 Meme Stocks That Are Down More Than 80% From Their 52-Week Highs


Over a year ago, meme stocks were flying high and looking like amazing buys. But much has changed since then, and growth stocks as a whole have been falling sharply of late. Two popular meme stocks that have been among those crashing hard include Clover Health Investments (NASDAQ: CLOV) and fuboTV (NYSE: FUBO).

Both are down more than 80% from their 52-week highs, which could make them safer buys today. Is there still too much risk surrounding these unprofitable businesses, or might Clover Health and fuboTV be good contrarian additions to your portfolio?

Image source: Getty Images.

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Source Fool.com

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