Ignore the Short Squeezes: Buy and Hold These 2 Dividend Stocks Instead
Wall Street vs. Main Street. Hedge funds vs. retail investors. The excitement and drama surrounding WallStreetBets "meme stocks" has spread like wildfire into financial and mainstream media outlets alike.
After shares of GameStop (NYSE: GME) experienced their massive run-up from levels in the neighborhood of $20 in early January to an intraday high of $483 a share late in the month, they have plunged back to around $50 a share.
Similarly, shares of AMC Entertainment (NYSE: AMC), which were trading in the $2 to $3 range just a few weeks ago, recently jumped to around $20 a share. Their surge was even shorter, and they've since fallen to less than $6 a share.
Source Fool.com
