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How to turn Reddit hype into real dollars

Summary by Business Insider
Opendoor is one of several meme stocks being targeted by retail traders.Opendoor Technologies/GlassdoorThe meme-stock craze is back as retail traders bet big on companies like Opendoor and Kohl's.The movement began in 2021, when investors rushed to buy GameStop, AMC, and other heavily shorted companies.Meme-stock status can allow managers to raise cheap capital, but gurus tell BI that this carries risks.Can being a meme stock actually help a com…

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How to turn Reddit hype into real dollars

Opendoor is one of several meme stocks being targeted by retail traders.Opendoor Technologies/GlassdoorThe meme-stock craze is back as retail traders bet big on companies like Opendoor and Kohl's.The movement began in 2021, when investors rushed to buy GameStop, AMC, and other heavily shorted companies.Meme-stock status can allow managers to raise cheap capital, but gurus tell BI that this carries risks.Can being a meme stock actually help a com…

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Business Insider broke the news in United States on Thursday, July 31, 2025.
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