With 200% Rally, an Old Meme-Stock Favorite Is Reborn in Brazil

A campus in Ribeirão Preto of Cogna’s Anhanguera university brand.Source: Cogna Educação

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By Leda Alvim and Raphael Almeida

February 13, 2026 at 12:00 PM UTC

Leia em português.

Cogna Educação had its meme-stock moment during the pandemic. Brazilian retail investors piled into the for-profit education company’s shares, bid it up wildly, and got burned when it all came crashing down.