Bed Bath & Beyond, Wall Street’s newest meme stock craze, ended Tuesday up nearly 300 percent for the month. Reddit forum Wall Street Bets, the unofficial home of trending meme stock influence, is littered with memes and posts blindly—or maybe strategically—attempting to push the stock’s popularity to the moon.
NTD spoke with Quantitative Investment Strategist Charles Qi, about BBBY’s stock getting highly shorted and making a comeback.