When the meme gets tired and stale, business fundamentals come into focus.
With the broader market bubble bursting, the next couple years will likely see this overvalued meme stock retrace to something resembling sane valuations based on out of fashion things like pricing a stock based on reasonable multiples of revenue and profits.
With the broader market bubble bursting, the next couple years will likely see this overvalued meme stock retrace to something resembling sane valuations based on out of fashion things like pricing a stock based on reasonable multiples of revenue and profits.