Money with Murphy: Meme Stocks: Risk vs. Reward in Today’s Market

Michael Steinbeck

Money with Murphy: Meme Stocks: Risk vs. Reward in Today’s Market

A new wave of meme stock mania has taken over social media, sending the prices of some surprising companies soaring. But behind the hype lies a cautionary tale—just ask investors who bought AMC at its peak during the 2021 frenzy. In this week’s Money with Murphy, Kara Murphy draws on her experience as a former stock analyst to explain why chasing momentum can backfire, and what investors should focus on instead. Spoiler: fundamentals still matter.
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