How to Use meme stock in a Sentence

meme stock

noun

• At the peak of the meme stock frenzy this past month, the company’s shares traded at a high of $48.75.
  — Rocio Fabbro, Quartz, 28 May 2024
• But then there seems to be a new meme stock every other day now.
  — Yun Li, CNBC, 10 July 2024
• Enough people snatched up shares of meme stocks that even major hedge funds took a hit.
  — Nick Kasmik, The Arizona Republic, 18 Apr. 2024
• But with the help from meme stock investors, the company in March turned its first profit in two years.
  — Khristopher J. Brooks, CBS News, 7 June 2024
• But in other ways, Trump Media isn’t acting like a meme stock at all.
  — Laurent Belsie, The Christian Science Monitor, 3 Apr. 2024
• But its stock’s resurgence comes in the midst of a larger spike of activity in meme stocks.
  — Andrew R. Chow, TIME, 13 May 2024
• The company had seen its share price soar during the pandemic, joining the likes of GameStop as a meme stock.
  — Brent Lang, Variety, 8 May 2024
• GameStop raised $933 million by selling shares to cash in on a meme stock rally last month, when the stock doubled in value.
  — Medha Singh, USA TODAY, 3 June 2024
• Has the David versus Goliath nature of meme stocks shifted?
  — Prarthana Prakash, Fortune, 15 June 2024
• Short interest in the social media platform and meme stock darling fell 16%, to just 23% of float.
  — Nick Wells,lisa Kailai Han, CNBC, 27 July 2024
• People have compared it to a meme stock, but even meme stocks had this run that lasted months backed by the people or whatever.
  — Andy Mills, Quartz, 16 Apr. 2024
• That's how much Carvana shares have risen since Oct. 30, as part of a rally that has buoyed meme stocks, crypto ventures and blank-check companies.
  — Wsj Staff, WSJ, 21 Dec. 2023
• Crypto, meme stocks, collectibles, real estate — all of it was going up, and there was more cash going around than tech founders knew what to do with.
  — Sapna Maheshwari, New York Times, 20 Oct. 2023
• Now, searches for the storied investor who found fame during the meme stock era have sunk well below their 2021 peak, according to Google Trends.
  — Emily Graffeo, Fortune, 1 Dec. 2023
• Unlike the meme stocks, other favorite asset classes for day traders have performed well this year.
  — Marco Quiroz-Gutierrez, Fortune, 15 May 2024
• The trading platform that in 2021 became synonymous with meme stocks has opened a wait list for U.K. residents.
  — WSJ, 30 Nov. 2023
• Some things are different this time around versus the initial supernova for meme stocks, that shocked Wall Street in 2021.
  — Stan Choe, The Christian Science Monitor, 4 June 2024
• Gill revived the meme stock frenzy in May after breaking a three-year social media hiatus to post a cartoon on X.
  — Krystal Hur, CNN, 1 July 2024
• Shares of the movie theater chain AMC, another pandemic-era meme stock, vaulted more than 10% on Monday morning.
  — Max Zahn, ABC News, 3 June 2024
• GameStop — The meme stock tanked 12% after the video game retailer reported a steep decline in second quarter sales compared to the year-ago period.
  — Lisa Kailai Han, CNBC, 11 Sep. 2024
• Keith Gill, the meme stock investor who sent GameStop shares surging during the pandemic, has taken out a multimillion stake in Chewy.
  — Khristopher J. Brooks, CBS News, 1 July 2024
• SPACs were still all the rage back then, and Redbox seemed like the perfect candidate for meme stock traders looking to hype another company steeped in nostalgia.
  — Janko Roettgers, The Verge, 5 July 2024
• Following a report of declining sales, shares of GameStop—often the focus of meme stock trading—fell nearly 12% Wednesday, adding to a 3.3% loss from the previous day.
  — Danielle Chemtob, Forbes, 12 Sep. 2024
• Experts have said Trump Media amounts to a meme stock, trading on hype and momentum instead of fundamentals.
  — Matt Egan, CNN, 1 Aug. 2024
• The bottom line: In an era where the lines between gambling and investing are more blurred than ever, Nvidia has claimed its place as not only as the defining company of the decade, but also as the defining meme stock of the year.
  — Felix Salmon, Axios, 3 Sep. 2024
• This kind of financial nihilism resulted in meme stock trading, which Musk himself has dabbled in.
  — Elizabeth Lopatto, The Verge, 14 June 2024
• Trump Media has been frequently compared to a meme stock that trades on momentum and hype, not fundamentals.
  — Matt Egan, CNN, 2 July 2024
• Other meme stocks from the pandemic era are moving just as radically.
  — Stan Choe, The Christian Science Monitor, 15 May 2024
• The shares have become an expensive way for speculators to treat the stock market as a casino, raising memories of 2021’s meme stock mania.
  — Bailey Lipschultz, Fortune, 13 Apr. 2024
• His shares of the company, a meme stock that has soared despite the company generating almost no revenue, are valued at more than $3 billion.
  — Justin Elliott, ProPublica, 30 July 2024

Last Updated: 9 Nov 2024