Retail traders and meme stocks have played a significant role in recent market rallies this year. S3 Partners head of predictive analytics, Ihor Dusaniwsky, explains how most meme stocks are what he refers to as "battleground stocks." The analyst also discusses how Cracker Barrel (CBRL) is on its way to becoming a meme stock, given recent volatility fueled by its now-rescinded logo change.
To watch more expert insights and analysis on the latest market action, check out more Market Catalysts: https://finance.yahoo.com/videos/series/market-catalysts/
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