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Cramer warns of ‘meme stock mania’, says sell GameStop and AMC

CNBC’s Jim Cramer said investors should get out of stocks like GameStop and AMC, both of which saw huge rallies this week sparked by social media.

“When I see the meme stock mania taking over, led by GameStop and AMC, I have to remind you that it’s irrational,” he said. “It is not possible for these stocks to reach such high levels on their own.”

News Source : www.cnbc.com
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