Meme Stock
Coverage of Meme Stock in the Nexus archive.
- The Next GameStop? Meme Stock Traders Make Biggie-Size Bet on Wendy's
Retail investors are positioning Wendy's shares as a potential meme stock following the GameStop phenomenon. The fast-food chain is being targeted by traders seeking the next viral investment opportunity.
- Investors haven’t been this bullish since the peak of the 2021 meme-stock frenzy, according to this chart
Investors are extremely bullish on stocks, similar to the peak of the 2021 meme-stock frenzy. This level of bullishness has not been seen since 2021. The original meme-stock frenzy occurred in 2021 and was characterized by extreme investor enthusiasm.
- Traders are treating this legacy tech giant like the next 'meme' stock
Options traders have found a new favorite big-tech stock ahead of this week's earnings, treating a legacy tech giant like the next 'meme' stock. The company is expected to report its earnings this week. This trend may indicate a shift in investor sentiment towards the tech giant.