Why meme-stock mania keeps happening
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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.

