Difference between revisions of "Meme stocks"
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Revision as of 01:40, October 25, 2021
Meme stocks are those driven higher on social media, in what appears to be an irrational buying frenzy. Gamestop (GME) and AMC were examples of meme stocks in 2021, as they had enormous fluctuations in their values. The platform Robinhood is apparently a factor in the unpredictable nature of meme stocks.
Investors are cautioned against the potential for losses in meme stocks.[1]