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As for why meme stocks are back in the picture, Sikes told Yahoo Finance that a combination of investors’ familiarity with a company’s products or brand and increased market volatility is ...
At its debut in March, Reddit’s IPO started at $34 per share, after reaching a high of $50.44 at close of market that day — and was sitting at around $46 on Thursday.
Reddit became synonymous with the meme stock rally of 2021. Now, its stock has become a meme itself. Reddit stock popped more than 12% on Tuesday and has rallied more than 30% since its initial ...
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A meme stock is a stock that gains popularity among retail investors through social media. [1] [2] [3] The popularity of meme stocks is generally based on internet memes shared among traders, [4] on platforms such as Reddit's r/wallstreetbets. [5] Investors in such stocks are often young and inexperienced investors. [6]
Intellectual Science Memes is a cool corner of the internet where close to 11,000 science-loving followers come to colle. We’d still be living in the dark ages if it weren’t for science ...
The phenomenon of dank memes sprouted a subculture called the "meme market", satirising Wall Street and applying the associated jargon (such as "stocks") to internet memes. Originally started on Reddit as /r/MemeEconomy, users jokingly "buy" or "sell" shares in a meme reflecting opinion on its potential popularity. [30]
Image credits: sciencefunn Of course, like any long-term project, there have been changes. For one, there was a need to adapt to how the algorithm governing Instagram changed.