3 ms·
(Not sure if it's true), but a meme stock is one whose price is propped up by retail traders, and spreads through social media / word-of-mouth, as memes do. Ho
by kelvie 3y ago
(Not sure if it's true), but a meme stock is one whose price is propped up by retail traders, and spreads through social media / word-of-mouth, as memes do.
How we prove it's one is probably another matter.
- pb7 3y agoRetail investors make up a low single digit percent of individual stock ownership. /r/wallstreetbets is not putting even a dent in a $1T company's stock price.