Looks like meme stocks are here to stay. In this episode of news explained, we are talking AMC, GameStop, Blackberry and so on. The hedge funds who short-sold these stocks have lost a whopping $12 billion in just six months. AMC Entertainment and GameStop have raised over $1 billion each after their stock rallies this year. AMC Entertainment and GameStop have raised over $1 billion each. Here's everything you need to know about meme stocks.
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