Clover Health Just Became a Meme Stock -- Could Lemonade Be the Next Short Squeeze?

Clover Health Just Became a Meme Stock -- Could Lemonade Be the Next Short Squeeze?

Earlier this week, frenzied Reddit traders sparked another short squeeze, this time targeting Medicare Advantage plan provider Clover Health. Venture capitalist Chamath Palihapitiya recently took the company public through a special purpose acquisition company (SPAC). In less than 72 hours, Clover's share price soared 200% to a high of $28.85.