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Today Carvana's stock was up 33% and another 20% in after hours trading. Based on news of a potential bankruptcy warning and Financial statements that

Today Carvana's stock was up 33% and another 20% in after hours trading. Based on news of a potential bankruptcy warning and Financial statements that are less then stellar, why do these stocks act like this? Are so called Meme stocks alive and well in 2023?

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