Do they though? It depends on your definition of often I guess and it has definitely been happening more in recent years. I'm unable to find data, but in my exp

Do they though? It depends on your definition of often I guess and it has definitely been happening more in recent years. I'm unable to find data, but in my experience I can only remember seeing this in sexy companies like Tesla where there are a lot of retail investors. It makes little sense that issuing a lot of new stock leads to a significantly higher market cap (unless there was uncertainty whether a company would be able to raise money at all). I don't think "memed into existence" is gibberish; just hyperbole.