Meme stocks now make up 40% of Wall Street's options market
Meme trading is swallowing Wall Street's options market whole. On Wednesday, nearly 40% of total options volume came from a small cluster of stocks with no real business momentum, just heavy internet hype and sky-high short interest, according to data from CNBC. The tickers leading the charge are Beyond Meat's BYND and Krispy Kreme's DNUT, [...]