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Meme Stocks Defined
Meme stocks are both like memes (due to their potential for viral popularity) and influenced by memes and internet trends. 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). MEME stocks are a recent addition to the stock market, and, as such, there is no solid definition for them. But not all MEME stocks will be. The term meme stock has been used on the forum website Reddit in the /r/WallStreetBets. The concept of a meme stock is a new one, and there's no single definition or official designation. For this reason, these stocks often become overvalued, seeing drastic price increases in just a short amount of time. 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. A meme stock's value is a result of its hype on social media and not necessarily the company's performance. Instead, a meme stock label is a part of the language of the Internet.
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Meme Stocks Defined Info
The term meme stock has been used on the forum website Reddit in the /r/WallStreetBets. Meme stock impact is unlikely to be incorporated into textbooks soon, but to ignore it could prove very costly. The most famous meme stock of recent times, GameStop saw its dizzying rally come to a screeching halt. However, some meme stocks have an important differentiator: they're ripe for a short squeeze. Find out inside PCMag's comprehensive tech and computer-related encyclopedia. Call options are derivatives that allow traders to place leveraged upside bets on an underlying stock. Puts, conversely, allow traders to bet the same way, but these contracts profit when the security falls in value. But a few things are true: they have a big social media following and opportunity for price movement. meme: [noun] an idea, behavior, style, or usage that spreads from person to person within a culture. Meme stocks, sometimes playfully referred to as stonks, can be a self-fulfilling prophecy. 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 or genre of items that is.
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