Trending Meme Stocks

More than a year after retail investors, aided by social media, forced an epic squeeze of a handful of heavily shorted stocks, a few of the famous "meme" stocks were back in the fast lane this. Exchange-Traded Funds (ETFs) have been excluded. Ideanomics Inc. (NASDAQ: IDEX) Ideanomics Inc. is a penny stock that we have covered countless times over the past few months. Read on to discover how meme stocks can be both advantageous and disadvantageous for traders. We explore some of the most trending meme stocks with fluctuating share prices to watch this summer. Meme stocks are almost always chosen from the major exchanges to prevent volatility and concerns over lesser-known companies. Virtually all hot Reddit trends have either high operating or financial leverage. She predicts that the impacts of these lockdowns should extend into the first fiscal quarter and delay the recovery trend in the second half of the year. A meme stock's value is a result of its hype on social media and not necessarily the company's performance. Mostly, because the factors that enabled.