Could Skyrocketing Meme Stocks Fit In Your Portfolio?
Recently two heavily shorted stocks GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) have shot up in value again. GameStop is a failing video game chain. Its failing for multiple reasons but primarily due to an outdated business model. Gamers no longer need to go to a brick and mortar store to purchase games. They can simply download them from the comfort of their own home. AMC is a movie theatre chain in the US that is facing significant headwinds from the pandemic and changing consumer trends….
