Definition Of Meme Stock
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. A meme stock is a stock that has seen an increase in volume not because of how well the company performs, but rather because of hype on social media and online forums like Reddit. Instead, a meme stock label is a part of the language of the Internet. For this reason, these stocks often become overvalued, seeing drastic price increases in just a short amount of time. Meme stocks are both like memes (due to their potential for viral popularity) and influenced by memes and internet trends. Though there is a potential for monumental gains, meme investors are more likely to. The concept of a meme stock is a new one, and there's no single definition or official designation. In meme stock, the word meme is used in the sense of a cultural item (such as an image, video, or phrase) that is popularly spread on the internet (and often altered in a humorous way). A meme stock's value is a result of its hype on social media and not necessarily the company's performance. Definition and Examples of a Meme Stock.
The concept of a meme stock is a new one, and there's no single definition or official designation. A publicly traded equity that is popular because a post on social media goes viral. It isn't a value stock or a growth stock. According to Merriam-Webster Dictionary, a meme is "an idea, behavior, style, or usage that spreads from person to person within a culture; an amusing or interesting item. meme stock. It has been around block for a few years now, and is most commonly used for stocks that are popular among millennials. A meme stock is a stock that has seen an increase in volume not because of how well the company performs, but rather because of hype on social media and online forums like Reddit. By this definition, Dogecoin — the cryptocurrency that was launched as a parody — is a meme stock. Meme's stock definition can't be as simple as easy as a growth or value stock, so categorizing it definitely would be slightly misleading. A meme commonly referenced by the stock market community is that "stonks always go up". Define meme stock. meme stock synonyms, meme stock pronunciation, meme stock translation, English dictionary definition of meme stock. n.