Why meme-stock mania keeps happening

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The stock of American company GameStop was among the first counter to fall prey to meme stock speculation.

American company GameStop was among the first companies to fall prey to meme-stock speculation.

PHOTO: REUTERS

A meme-stock craze took hold on Wall Street once again in October 2025, as shares of Beyond Meat surged more than 1,300 per cent over a four-day period.

The sudden rally echoed frenzies that originated during the Covid-19 pandemic and have periodically set off unusually large jumps in beaten-down stocks championed by social media influencers.

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