Morning Mooers, the meme stock market screamed "We are so back" over the weekend, after Roaring Kitty, short squeezing enthusiast and financial influencer that helped inspire the original GameStop craze in 2021, finally tweeted again. Overnight $GameStop (GME.US)$ shot up 70%, and jumped 110% at open, hitting multiple circuit breakers.
Other meme stocks were flying as well on high volume.$Reddit (RDDT.US)$ climbed 8%, $AMC Entertainment (AMC.US)$ grew 14%. H...

$SNDL Inc(SNDL.US)$ 3

$SNDL Inc(SNDL.US)$ Sundial Growers went public on nasdaq two years ago and has since lost 92% of its value. At the end of 2020, Sundial Growers was trading at 47 cents, though SNDL stock soared to a 52-week high of $3.96 in February 2021 amid the meme stock rally.
The subsequent collapse in share prices can be attributed to two factors. First and foremost, speculative investors took profits and fled stocks that had offered multiple returns in previous months. In addition, the company took advantage of the rally to order a large number of shares, with Sundial Growers issuing 1.15 billion shares between September 2020 and February 2021, bringing its total number of shares to more than 2 billion. With negative margins, Sundial Growers, like most of its peers, has raised equity several times over the past two years, diluting shareholder wealth at an alarming rate.