25-07-2025
'I'm already up $45,000 - in about an hour of trading': The meme-stock craze is back... but this time round it's different and there's a catch. ANNE ASHWORTH reveals the truth
Meme stock mania is back with a bang. Once more, small investors with a taste for a gamble are piling into unloved 'meme' companies whose bombed-out share prices make them seem like the biggest bargain buy of the summer of 2025.
It's a replay of the craze that gripped the world in the pandemic era of 2021 when the share price of video game store GameStop leapt by 2,500 per cent in a day, turning this hapless business into the iconic meme stock.