Difference between revisions of "Meme stocks"
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(Time magazine reported that Donald Trump's new media enterprise, Trump Media & Technology Group, is poised to benefit from the meme stock phenomenon.) |
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Investors are cautioned against the potential for losses in meme stocks.<ref>https://site.assetmark.com/~/media/assetmark/files/onthemark/on_the_mark_meme_stocks.pdf?la=en&hash=90FD49A23D117C9478E8951C474B4454885B6E24</ref> | Investors are cautioned against the potential for losses in meme stocks.<ref>https://site.assetmark.com/~/media/assetmark/files/onthemark/on_the_mark_meme_stocks.pdf?la=en&hash=90FD49A23D117C9478E8951C474B4454885B6E24</ref> | ||
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| + | == Trump's new stock offering == | ||
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| + | [[Time magazine]] reported that [[Donald Trump]]'s new media enterprise, Trump Media & Technology Group, is poised to benefit from the meme stock phenomenon.<ref>https://time.com/6109870/trumps-tech-spac-could-make-him-billions-with-meme-stock-frenzy/</ref> | ||
== References == | == References == | ||
{{reflist}} | {{reflist}} | ||
Latest revision as of 01:45, 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]
Trump's new stock offering
Time magazine reported that Donald Trump's new media enterprise, Trump Media & Technology Group, is poised to benefit from the meme stock phenomenon.[2]