Trading MEMES: The Rise of a New Asset Class in the Stock Market
In 2021, the stock market witnessed a seismic shift. Traditional investment strategies were thrown into disarray as retail investors, powered by social media and online communities, turned their attention to an unlikely asset class: MEMEs. Stocks that were previously ignored by institutional investors found themselves at the center of attention, driven by viral trends and collective action. From GameStop to AMC, meme stocks have captured the imagination of the investing public, spawning a new era of retail trading. But what exactly are "meme stocks," and why have they become such a powerful force in the stock market? In this post, we’ll explore the phenomenon of trading memes, how meme stocks work, the risks and rewards associated with them, and what it means for the future of investing. What Are Meme Stocks? Meme stocks are stocks that gain widespread attention and trading volume...
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