Shares of unprofitable companies have outperformed since early April, and investors are now speculating like it’s 2021.

The only thing riskier than betting on meme stocks may be betting against them. That’s the lesson Wall Street’s short-sellers are learning the hard way this week.

After booking a nine-figure profit by riding the meme-stock craze for old-school bricks-and-mortar businesses, hedge-fund manager Jason Mudrick was looking for his next big bet. He was as ...

Forget the Magnificent Seven. Investors are now learning to love the Unprofitable 858. Meme stocks and money-losing companies are now back in favor, and underpinning a rally that has lifted the ...

New York (CNN) — The only bet riskier than buying meme stocks like GameStop may be cheering for their decline. That’s the lesson Wall Street’s short-sellers are learning the hard way this ...