Retail traders target European stocks in meme-style rally: FT

Retail Investor Impact on European Markets: A surge of retail investors in Europe, similar to the U.S. meme stock phenomenon, has led to significant price increases in heavily shorted stocks like Eutelsat, Hensoldt, and Renk Group, driven by social media coordination and a desire to challenge hedge funds.

Short Squeeze Dynamics: The trading activity has intensified on platforms such as Flatexdegiro and eToro, with short sellers facing substantial losses and scaling back their positions, while European regulations allow for greater transparency in short selling, facilitating retail traders' strategies.