Whats The Next Meme Stock
The initial trade that started the meme stock phenomena in earnest was on GameStop Corp.. 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. Looking for something to do and a way to turn. Primarily due to the pandemic recovery, but the meme stocks trend did play a minor role in its strong performance. The CEO, Adam Aaron, has praised retail investors on numerous occasions. Redditors have been busy in this meme stock. The surge in meme stock investing has not been reflected in trading volumes for traditional retail passive investing vehicles such as exchange-traded funds (ETFs) and mutual funds. Press question mark to learn the rest of the keyboard shortcuts While GameStop's reign as king of the meme stocks doesn't seem like it's likely to end anytime soon, the r/WallStreetBets crowd on Reddit is always looking for the next big thing. A meme stock is widely considered to be a stock of a company that has gained significant traction with one internet community or another. Parsed posts and comments at This data is refreshed every hour.