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MemeMoney: Another rough day for MAGA meme stocks, but at least they’re not Robinhood

The only thing falling faster than MAGA meme stocks might be a meta meme stock.

The manic energy that retail investors — and other elements — were showing on Thursday and Friday by throwing buckets of money at SPACs kind-of-directly or even loosely affiliated with Donald Trump appears to have worn off. Shares of Digital World Acquisition Corp. DWAC and Phunware PHUN fell off their frothy cliff on Monday and Tuesday as investors appeared to weigh the heightened risk of investing in a SPAC that has yet to close, and especially…

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