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 The show is also unmistakably a product of its time: Its pacing is as frenetic as a TikTok binge, and its plotlines touch on Brexit, meme stocks, and—in the upcoming season—green investing. —

Spencer Kornhaber, The Atlantic, 9 Aug. 2024 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 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 And even though Rocket shares briefly spiked in early March 2021 amid a GameStop-like meme stock rally — unrelated to the later hedge fund collapse — the price was too unstable for the type of large sale Gilbert's lieutenants had in mind. —

Jc Reindl, Detroit Free Press, 24 July 2024 See all Example Sentences for meme stock

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'meme stock.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.