Meme trade revival: Avis, Bed Bath lead gains in stocks with big short bets this week
A passenger boards an Avis shuttle bus at Los Angeles International Airport.
Patrick T. Fallon | Bloomberg | Getty Images
Huge rallies in Bed Bath & Beyond and Avis Budget reignited the meme stock mania that swept Wall Street earlier this year, as stocks with heavy short interest targeted by retail traders jumped in unison this week.
The group of the most heavily shorted stocks sports an average gain in the double digits this week.