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The Sunday Read: ‘The Mystery of the $113 Million Deli’

The Daily

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The Enigmatic Rise of a Deli: Exploring Financial Anomalies

This chapter explores the extraordinary rise of a rural New Jersey deli that reached a $113 million valuation with minimal revenue, reflecting a bizarre trend in pandemic-era investing. It connects this unique case to broader financial anomalies, including the volatility of stocks like GameStop and cryptocurrencies, revealing a chaotic shift in economic norms.

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