meme stock

noun

plural meme stocks

: a stock (see stock entry 1 sense 2a) that experiences a temporary sudden surge in popularity and price due to a coordinated effort (such as a viral social media campaign) by small investors

… 'meme stock' refers to a stock that attains viral attention on social media platforms, but predominately Reddit.—

Andrew Rocco

The theory was that if enough small investors got in the game and drove the stock higher, it would force large hedge funds with short positions (bets that the stock would fall), to capitulate and sell those positions at a massive loss. … that dynamic appears to be driving the stocks of GameStop, AMC, and other so-called meme stocks.—

Michelle Chapman

Price spikes in several meme stocks appear to be linked to the amount of talk about them on r/WallStreetBets, a forum on Reddit, a discussion website whose users are known for mischief-making. From this comes the name: an internet meme being an idea or behaviour, usually a humorous one, spread via social media.—

The Economist

—often hyphenated before another noun

meme-stock investors

the meme-stock craze

Examples of meme stock in a Sentence

Recent Examples on the Web

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Experts largely consider Trump Media a meme stock, meaning its share price can fluctuate wildly, with movements often not a reflection of the company’s underlying financial performance like other stocks. —

Derek Saul, Forbes, 5 Nov. 2024 Donald Trump’s meme stock suffered its worst day ever, blowing a sizable hole in the Republican nominee’s personal fortune. —

Christiaan Hetzner, Fortune, 31 Oct. 2024 Some traders blamed the steep selling on technical factors and a loss of momentum for what has become a meme stock. —

Matt Egan, CNN, 30 Oct. 2024 The volatility of Trump Media shares has prompted some analysts to label it a meme stock, or companies that trade on social media buzz instead of traditional analytical measures such as revenue growth and profitability. —

Aimee Picchi, CBS News, 14 Oct. 2024 See all Example Sentences for meme stock