Meme is an element of a culture or system of behaviour passed from one individual to another by imitation or other nongenetic means. Meme Stock is the shares of a company that sees increased popularity or awareness and increased in trading volume based on the social media discussions or online forum. Interest in meme stocks started in 2020, in what the U.S. Securities and Exchange Commission has called a "meme stock phenomenon". One platform in particular is at the centre of the meme stock rallies: WallStreetBets on Reddit.
Related Definitions in the Project: The Commercial Definitions