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‘Meme stock’ investors are trying to catch up with a financial system which has left them behind – new research

By Richard Whittle, University Fellow in AI and Human Decision Making, University of Salford
Stuart Mills, Assistant Professor of Economics, University of Leeds

The US stock market took a tumble early in August 2024 as fears rose of an economic slowdown. Then a few days later calm was restored, reminding us how quickly things can change in the financial world.

And of all the market rises and falls, one type of stock has become particularly…

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