Meme Stock Rally Has Investors Feeling 'Invulnerable' As Speculative Bets Power Markets at Record Highs

By Jake Conley July 24, 2025 Yahoo! Finance

The summer of 2025 has seen a new wave of meme stocks, such as Opendoor, Kohl’s and Krispy Kreme, captivate retail investors with volatile price swings despite weak fundamentals. A June study from CFP Board, Steering Clear of Financial Misinformation: A Survey of Americans, found that 57% of people have made poor financial decisions based on online information, with 18% losing more than $1,000.