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From Allbirds to Myseum—a New Meme Stock Season Could Be Approaching

Like the dot-com bubble and the crypto craze, artificial intelligence could fuel another meme stock season.
From Allbirds to Myseum—a New Meme Stock Season Could Be Approaching
The Allbirds flagship store sign is seen in Manhattan, New York, on Sept. 7, 2021. Shannon Stapleton/Reuters
Andrew Moran
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Step aside, AMC and GameStop. There could be new meme stocks in town.

Wall Street experienced a unique retail-driven and liquidity-fueled trading frenzy in 2021. Largely coordinated on Reddit’s WallStreetBets page, armchair traders flooded several heavily shorted stocks—AMC, GameStop, Bed Bath & Beyond, BlackBerry, and Clover Health—and lifted their share prices far beyond fundamentals.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."