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The meme stock moments that gripped Australian investors in 2024

A little-known ASX defence stock and the return of a former finance darling captured the attention of Australian retail investors in 2024, a year that also marked the revival of the meme stock mania that gripped Wall Street in the throes of the pandemic.

In June, US amateur trader Keith Gill – who led a retail investor swarm for GameStop shares in 2021 – returned to the public eye.

Source: https://www.afr.com/markets/equity-markets/the-meme-stock-moments-that-gripped-australian-investors-in-2024-20241231-p5l1cp