Dow Soars While GM Stumbles on Tariff Jitters—Meme Stocks Ignite Retail Frenzy Again
The Dow flexes its muscles as tariff tremors rattle GM—meanwhile, meme stocks are back with a vengeance, proving Wall Street's 'flavor of the month' still tastes like chaos.
Tariff turbulence hits automakers
GM's dip shows even giants wobble when trade winds shift—classic case of 'buy the rumor, sell the news' meets geopolitical roulette.
Meme madness reloaded
Reddit's favorite casino reopens for business as retail traders double down on nostalgia plays. Because nothing says 'mature market' like chasing last year's viral tickers.
Bonus cynicism: If volatility is the market's heartbeat, meme stocks just mainlined adrenaline—enjoy the sugar rush before the SEC starts asking questions again.
Memestock craze continues
Unlike the rest of the stock market, the so-called memestocks are back in focus. Shares of the struggling retailer Kohl’s were up 30%, as retail investors showed interest in the company, triggering a halt.
This story follows a similar pattern to that of Opendoor, another retail trader that has long been the focus of short sellers. Its stock doubled in premarket trading, surging to more than $20 per share, before the big players stepped in on the market open.
Retail firms have been consistently under threat from short sellers during the COVID pandemic, as the rise of online shopping has undercut their market position. Still, the case of GameStop suggested that concentrated retail traders could MOVE the market, at least for a while.