A meme is an idea that spreads rapidly among people. Memes began to take the form of humorous social media posts and viral videos with the advent of the internet. Meme stocks are so named because ideas about them spread rapidly on social media and web forums. Communities are built around them that promote the hype and elaborate on the original meme, inventing specific terms and symbols to accompany the stock.<\/p>" } } , { "@type": "Question", "name": "Is There a Meme Stock ETF?", "acceptedAnswer": { "@type": "Answer", "text": "
Roundhill Investments<\/a> came out with a meme stock-focused ETF in December of 2021 under the ticker symbol 'MEME'. It featured an equal-weighted portfolio of 25 stocks based on social media popularity and market sentiment.<\/p> Eligible securities were initially given a social media activity or “meme” score: the number of times a firm or its ticker is mentioned on specific social media platforms over a trailing 14-day period with consideration paid to their short interest. Roundhill Investments discontinued the MEME ETF in December 2023, however.<\/span><\/span><\/p> Single-stock ETFs<\/a> have also been introduced. They provide leveraged long or short positions on a single stock. They include some meme stocks like Tesla and NVIDIA.<\/p>"
}
}
,
{
"@type": "Question",
"name": "Are Meme Stocks Real Investments?",
"acceptedAnswer": {
"@type": "Answer",
"text": " Meme stocks are actual stocks listed on exchanges and available for trade. Critics argue that their price performance and appeal have little to do with their fundamentals, however, and more to do with their entertainment value as speculative playthings much like casino games.<\/p>"
}
}
]
} ] }
]