Whats A Meme Stock

Meme stocks refer to stocks that have gone viral with internet popularity.

Whats a meme stock. Meme stocks are created when a companys shares catch fire with individual investors on social media platforms such as Reddit and quickly skyrocket in price. With the growing interest in the stock market by new investors the frenzy has created a new type of stock. These online communities can build hype around a stock through detailed descriptions and interactions in discussion threads on websites such as Reddit and posted to followers on platforms such as Twitter and Facebook.

These online communities can. As Nasdaq explains these stocks are triggered by. There are rewards involved like potentially monumental gains as well as risks like potentially bigger losses.

Trading in these stocks is usually driven by short-term buyers and. A meme stock refers to the shares of a company that has gained a cult-like following through online and social media platforms. What Is a Meme Stock.

Meme stocks have become increasingly popular due to a Reddit page called WallStreetBets. Meme stock is a slang used in trading world to refer to stocks with heavy-short interest that can be artificially manipulated to prove a point. A meme stock could be described as a stock that gains popularity from a large group of people due to the huge influence of the internet.

Meme stocks are the shares of often low-priced companies that have experienced a recent surge in activity usually fuelled by online social media platforms. These surges are speculative but they have created what we now know as Reddit stocks or meme stocks. But from a fundamental perspective they shouldnt do well at all.

Such stocks are often mentioned often in trading-related posts on social media platforms online discussion forums and news articles. On October 20 the. A big indicator of a meme stock is if it has become a joke or is brought up frequently.