AMC is no longer the top stock holding of Gen Z investors. Plus, the bull case for Cameco and surging energy stocks

AMC is no longer the top stock holding of Gen Z investors. Plus, the bull case for Cameco and surging energy stocks

- Meme stocks came onto the stage in 2021 as retail traders drove massive rallies in some names. - The trend may be fading though, as retail traders rotate into cryptocurrencies. - Crypto regulation will legitimize the asset class and lead to further adoption among retail investors. - Sign up here for our daily newsletter, 10 Things Before the Opening Bell. One year since GameStop started it all, the meme stock craze is fading. Last January, millions of retail traders banded together to drive eye-popping rallies in highly shorted, nostalgic companies, like GameStop, AMC Theaters, and BlackBerry. Day traders minted a new asset class dubbed the "meme stock" and regularly added new companies to the basket over the course of the year. At one point a tiny Danish biotech company …
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