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meme stock

What does meme stock mean?

An equity whose price action is driven by viral attention — Reddit threads, TikToks, Twitter pile-ons — rather than earnings or business performance. GameStop and AMC are the archetypes; any forgotten ticker can become one if the meme catches. The defining feature: charts that look insane to traditional analysts and totally logical to anyone who was on r/wallstreetbets that week.

"GME ran from $4 to $483 in a month — the original meme stock."

Origin

Entered mainstream financial vocabulary during the January 2021 GameStop short squeeze, when retail traders organising on r/wallstreetbets created sustained price action no traditional model could explain.

Frequently asked questions

What is a meme stock?
A meme stock is a stock pumped by internet hype instead of company fundamentals.
How do you use meme stock in a sentence?
"It's a classic meme stock — the price is driven by Reddit threads, not earnings."
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Slang definitions: FreeDict original editorial.