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MemeMoney: Meme stocks are moving on real news, both good and very, very bad – Vested Daily

MemeMoney: Meme stocks are moving on real news, both good and very, very bad

Meme stocks don’t always respond to actual news items like other stocks do [see GameStop GME on Monday] but when they do, we get days like Thursday, where a swirling news cycle hits a frothy market move and magic happens.

It meant great news for chip maker Nvidia Corp. NVDA and very bad news for Penn National Gaming PENN.

Nvidia got a major…

This post was originally published on Market Watch

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