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From a mining company to a mortgage REIT, day traders have been flocking to new meme stocks all week and driving more eye-popping gains

4 days ago   |   By Business Insider

Summary List Placement Retail traders have been flocking to a horde of new meme stocks this week - from a mining company to a fast-food chain and a car retailer.
The stocks, from a wide variety of sectors, don't have much in common, except that they're seeing increased social media hype and price volatility. Even their short-interest rates - a coveted metric that Reddit traders use to determine if a stock is primed for a short squeeze - vary considerably.
Restoration Hardware was among the new names. The home-furnishings retailer soared as much as 15% Thursday amid a jump in positive...
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