Hot Meme Stocks
HMHC rose on reports it could explore a sale. But as the new year beckons, it's tough to be bullish on meme stocks. Meme stock communities can thus greatly influence the prices of those shares through coordinated efforts to, for example, initiate short squeezes in heavily shorted names. The company seems to be the latest target for retail traders as the meme spotlight. Evidently, we can see that GameStop , the flagship meme stock, remains a hot pick among retail investors. Privacy Policy; Terms of Use With all the buzz around meme stocks this week, more investors may be asking the question, "what are meme stocks"? Learn about what meme stocks are, how they work, and if they're a good investment option for you. Parsed posts and comments at This data is refreshed every hour. ATVI rallied on a deal to be purchased by MSFT. UL fell on attempts to buy a GSK unit.
While most would argue that meme stocks are merely a joke, the movement continues to gain momentum, nonetheless. Because of this, the list of hot meme stocks grows longer by the day. S., Canada, New Zealand, Australia, and Europe. A source tipped me off that Roundhill Investments—Hershey's firm—is sitting on surely one of the hottest assets on Wall Street: It owns the ticker MEME, and is just deciding how to cash in. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. You'll want to put in place some kind of exit strategy , like selling some of your investment if the stock becomes too big a percentage of your portfolio. BBIG, ATER, SPRT and ROOT all advanced on increased online chatter and discussions of short squeezes. While some Reddit traders were able to make a. It's a reminder that the wild ride may be far from over for these stocks. Evidently, we can see that GameStop , the flagship meme stock, remains a hot pick among retail investors.