Advertisement
New Zealand markets close in 5 hours 2 minutes
  • NZX 50

    11,802.73
    -33.31 (-0.28%)
     
  • NZD/USD

    0.5905
    -0.0001 (-0.01%)
     
  • ALL ORDS

    7,898.90
    +37.90 (+0.48%)
     
  • OIL

    82.63
    -0.10 (-0.12%)
     
  • GOLD

    2,396.20
    -1.80 (-0.08%)
     

Meme Stocks Are Doomed (in the Long Run)

Meme Stocks Are Doomed (in the Long Run)

Meme stock investors are learning that hype alone can't keep a stock at stratospheric levels forever.