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Meme stocks: Revlon stock pops, Robinhood stock dips

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Yahoo Finance's Brian Cheung breaks down the mixed meme stock trade on Thursday afternoon.

Video Transcript

BRIAN CHEUNG: You can see right now that there's a lot of movement on what is a down day across the board. But I want to highlight specifically shares of Revlon, which are up almost 14% today. Keep in mind that this is actually normal activity that we've been seeing in the shares. That's because the memers on the Wall Street Bets forum have really been coming into the stock, even after they declared bankruptcy. So seeing a lot of movement on this front. Shares at currently $5 right now.

If we take a look at shares of Robinhood, down 3/4 of a percent. And if we take a look at Bed, Bath & Beyond, which, by the way, reported earnings yesterday, pretty ugly story with the CEO abruptly leaving the company. Shares down-- or shares up, rather, 3/4 of a percent, but down 24% over the last 10-day period. Continue to watch all of this space as we continue to see move--