meme stock
English
editNoun
editmeme stock (plural meme stocks)
- (finance, Internet slang) A company's stock that is hyped up and overbought by inexperienced investors, leading it to be overvalued.
- 2021 January 28, Dan Dixon, “Anarchy, in-jokes and trolling: the GameStop fiasco is 4chan-think in action”, in The Guardian[1]:
- Journalists covering the story have tended to gesture towards possible impetuses, and there are undoubtedly many underlying factors that led to r/wallstreetbets’ choosing GameStop as a “meme stock”, which have surely evolved with the saga (screwing Wall Street; making money; a genuine belief in the fundamentals of GameStop’s business model).