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May 14, 2024 · 5 best-performing meme stocks. GameStop may have started the meme stock mania, but others have followed in its footsteps. Today there are entire indexes of meme stocks. Below are the five...
- Alana Benson
- What Started The Meme Stock Movement?
- Pros of Meme Stocks
- Cons of Meme Stocks
- How to Identify A Good Long-Term Meme Stock
The meme stock movementunofficially started in the summer of 2020, when most people were stuck at home during the first few months of the pandemic. Looking to turn some of that extra free time into money, many people turned to the stock market and social media for ideas. Video game retailer GameStop is recognized as the first meme stock. RoaringKit...
Because a surge in buying activity can send a stock price soaring, there are some benefits to owning meme stocks (and potential meme stocks before they rocket higher). 1. A chance for very high returns in a short period. 2. An ownership stake in a new investment idea before the rest of the market gets wind of it. 3. A young generation raised on soc...
As with other highly volatile investments (such as the related cryptocurrenciesmovement), there are drawbacks to betting on meme stocks. 1. As with other moments of viral skyrocketing stock prices, the meme stock trend may notlast forever -- especially as some traders return to work and spend more time away from home. 2. Short-term stock prices are...
If you're an investor looking for a longer-term holding (think years rather than days, weeks, or months), there are some important factors to consider before buying a meme stock. Some business fundamentals and economic trends can go a long way toward balancing out what can be fleeting social media trends or hopes of a short-term short squeeze. 1. A...
- Nicholas Rossolillo
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May 14, 2024 · GameStop, the granddaddy of meme stocks, has soared suddenly and sharply. It jumped 60.1% Tuesday after surging 74% the day before. Other meme stocks from the pandemic era are moving just as radically. AMC Entertainment, the movie theater operator, leaped 32% Tuesday. READ MORE.
4 days ago · By Justin Klawans, The Week US. published 24 May 2024. Like the rise and fall of a stock ticker, one notable Wall Street trend from a few years ago has made its way back into the zeitgeist: meme ...
May 9, 2023 · The most talked about meme stocks right now aren't necessarily the names you'd expect. By Samuel O'Brient, InvestorPlace Reporter May 9, 2023, 5:07 pm EDT. More and more companies have...
Jul 1, 2022 · AMC. CVNA. TSLA. AAPL. GME. The best meme stocks are far and few between, but there are selective buys entering July. AMC Entertainment ( AMC) remains a popular cult meme that’s breaking out....
Aug 7, 2023 · While many stocks saw unexpectedly impressive gains as the COVID-19 pandemic raged, the meme stocks were going parabolic thanks to a combination of government money, irrational enthusiasm and...
