Odd Lots

Some Meme Stocks Are Taking Off Again

A person wearing a protective mask exits from a GameStop Corp. store at a mall in San Diego, California, U.S.
Photographer: Bing Guan/Bloomberg

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By Joe Weisenthal and Tracy Alloway

December 1, 2022 at 5:08 PM UTC

This article is for subscribers only.

Santa’s come early for meme stocks.

Following Wednesday’s monster rally in equities after Federal Reserve Chairman Jerome Powell made comments that were interpreted as potentially pivot-ish, some meme stocks are spending the first day of December joining in the celebrations.