How to Use meme stock in a Sentence
meme stock
noun-
At the peak of the meme stock frenzy this past month, the company’s shares traded at a high of $48.75.
—Rocio Fabbro, Quartz, 28 May 2024
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Enough people snatched up shares of meme stocks that even major hedge funds took a hit.
—Nick Kasmik, The Arizona Republic, 18 Apr. 2024
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But with the help from meme stock investors, the company in March turned its first profit in two years.
—Khristopher J. Brooks, CBS News, 7 June 2024
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But in other ways, Trump Media isn’t acting like a meme stock at all.
—Laurent Belsie, The Christian Science Monitor, 3 Apr. 2024
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But its stock’s resurgence comes in the midst of a larger spike of activity in meme stocks.
—Andrew R. Chow, TIME, 13 May 2024
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The company had seen its share price soar during the pandemic, joining the likes of GameStop as a meme stock.
—Brent Lang, Variety, 8 May 2024
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GameStop raised $933 million by selling shares to cash in on a meme stock rally last month, when the stock doubled in value.
—Medha Singh, USA TODAY, 3 June 2024
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Has the David versus Goliath nature of meme stocks shifted?
—Prarthana Prakash, Fortune, 15 June 2024
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People have compared it to a meme stock, but even meme stocks had this run that lasted months backed by the people or whatever.
—Andy Mills, Quartz, 16 Apr. 2024
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That's how much Carvana shares have risen since Oct. 30, as part of a rally that has buoyed meme stocks, crypto ventures and blank-check companies.
—Wsj Staff, WSJ, 21 Dec. 2023
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Crypto, meme stocks, collectibles, real estate — all of it was going up, and there was more cash going around than tech founders knew what to do with.
—Sapna Maheshwari, New York Times, 20 Oct. 2023
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Now, searches for the storied investor who found fame during the meme stock era have sunk well below their 2021 peak, according to Google Trends.
—Emily Graffeo, Fortune, 1 Dec. 2023
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Unlike the meme stocks, other favorite asset classes for day traders have performed well this year.
—Marco Quiroz-Gutierrez, Fortune, 15 May 2024
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The trading platform that in 2021 became synonymous with meme stocks has opened a wait list for U.K. residents.
—WSJ, 30 Nov. 2023
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Shares of the movie theater chain AMC, another pandemic-era meme stock, vaulted more than 10% on Monday morning.
—Max Zahn, ABC News, 3 June 2024
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Keith Gill, the meme stock investor who sent GameStop shares surging during the pandemic, has taken out a multimillion stake in Chewy.
—Khristopher J. Brooks, CBS News, 1 July 2024
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This kind of financial nihilism resulted in meme stock trading, which Musk himself has dabbled in.
—Elizabeth Lopatto, The Verge, 14 June 2024
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Trump Media has been frequently compared to a meme stock that trades on momentum and hype, not fundamentals.
—Matt Egan, CNN, 2 July 2024
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Other meme stocks from the pandemic era are moving just as radically.
—Stan Choe, The Christian Science Monitor, 15 May 2024
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The shares have become an expensive way for speculators to treat the stock market as a casino, raising memories of 2021’s meme stock mania.
—Bailey Lipschultz, Fortune, 13 Apr. 2024
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Trump Media has become a meme stock, where the stock price is governed more by vibes than traditional financial performance.
—William Turton, WIRED, 15 Apr. 2024
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Other meme stocks also jumped, including AMC, which increased 22%, and Reddit, which increased 13%.
—Andrew R. Chow, TIME, 13 May 2024
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Like its competitor Robinhood, Public was a beneficiary of the 2021 meme stock frenzy and offers a window into how younger people (for the most part) like to invest.
—Jeff John Roberts, Fortune Crypto, 26 Sep. 2023
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The trampoline-like performance of the company is becoming something of a pattern as retail investors battle short sellers over the meme stock.
—Chris Morris, Fortune, 28 May 2024
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GameStop, whose meme stock generated buzz on Wall Street, has struggled with poor sales and executive turnover as video game streaming and digital game downloads eat at its profits.
—Elizabeth Napolitano, CBS News, 28 Sep. 2023
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With higher education no longer a sure bet, college-age students should consider better uses of their time and money, such as meme stocks or becoming ski bums.
—Heather Wilhelm, National Review, 17 May 2024
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GameStop, of course, was the original meme stock and remains popular with members of Reddit’s r/wallstreetbets community.
—Chris Morris, Fortune, 28 Sep. 2023
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Wall Street analysts have warned about the risks of investing in highly volatile meme stocks, which typically belong to money-losing companies.
—Alain Sherter, CBS News, 15 May 2024
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On Reddit, investors later discussed what cryptocurrency is equivalent to meme stock GameStop — and the answer was Dogecoin.
—Vinamrata Chaturvedi, Quartz, 28 Mar. 2024
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Mark Kelly After the meme stock craze in early 2021, progressives accused hedge funds of market manipulation.
—The Editorial Board, WSJ, 26 Oct. 2023
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'meme stock.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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