What Are Meme Stocks & Are They Worth Investing In?
While a few meme stocks have gone on to be very successful investments, most have fizzled out just as quickly as they rose to prominence. Read on to learn about meme stocks and find out whether they are worth investing in or not. What Is Meant By Meme Stocks? Meme stocks are shares of companies that have become popular due to their involvement in internet culture and social media. The term “meme stock” is derived from the fact that these stocks are often driven by memes and viral trends. Meme stocks are especially popular among retail investors who use social media platforms to discuss stocks. These investors are often young, inexperienced, and drawn to stocks with high short-term potential. They're also more likely to take high risks and buy into companies with uncertain prospects. That's not necessarily a bad thing (in the short term). But it does mean that meme stock s are often volatile and prone to big swings. So, if you're thinking about inve...