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These 2 Nasdaq Meme Stocks Crashed Back to Earth Thursday

·3-min read
These 2 Nasdaq Meme Stocks Crashed Back to Earth Thursday
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The stock market has seen a lot of violent moves among individual stocks lately, and that's played a role in the volatility in the Nasdaq Composite (NASDAQINDEX: ^IXIC). As of 12:30 p.m. EDT, most major market benchmarks were little changed, but the Nasdaq was down almost a full percentage point. Investors are paying a lot of attention to so-called "meme stocks," especially those in which large institutional investment companies have taken significant short positions.

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