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A meme stock is a stock that gains popularity among retail investors through social media. [1] [2] [3] The popularity of meme stocks is generally based on internet memes shared among traders, [4] on platforms such as Reddit's r/wallstreetbets. [5] Investors in such stocks are often young and inexperienced investors. [6]
Companies targeted as meme stocks by retail investors. Pages in category "Meme stocks" The following 4 pages are in this category, out of 4 total.
The community is known for discussion about meme stocks and high-risk stock transactions. [12] Observers congregating around r/wallstreetbets believed the company was being significantly undervalued , and with such a large amount of the stock being short they could trigger a short squeeze, by driving up the price to the point where short ...
The meme stock phenomenon ultimately led to congressional hearings and a movie was even made about the ordeal in 2023 called “Dumb Money.” Meme stocks: Why they’re making a comeback in 2024
Meme stocks are back. One day after an account associated with the phenomenon posted for the first time in years on the X social media platform, shares in companies that have been linked to ...
ViacomCBS (VIAC) Stock price as of July 16: $40.29 ViacomCBS already had a "meme run" in March 2021, when the shares peaked at $101.97. Yet, the stock has picked up increased attention on Reddit ...
Meme stocks, a particular subset of Internet memes in general, are listed companies lauded for the social media buzz they create, rather than their operating performance. [80] Meme stocks find themselves surging in popularity after gaining the interest of individuals or groups through the internet.
Meme stocks were a novelty during the pandemic but have become a reality today, like it or not, rising and falling on little else other than momentum and the enthusiasm of investors. Shares of ...