Meme stocks are a reference to shares of a company that are popularized on Reddit's /r/wallstreetbets page that are often pumped via social media sentiment and trading activity.
This activity usually creates a frenzy, dramatically increasing various publicly traded companies volumes. Many online communities surrounding meme stocks can become highly specialized in terms of research and resources, with the best example being Gamestop.
While the most commonly associated platform with meme stocks has become Reddit, many other posts to followers regularly appear on other platforms such as Twitter, Facebook, and others.
Many traditional and mainstream investors believe meme stock communities coordinate efforts to influence the prices of those shares. However, most meme stock shareholders are often an unorganized set of independent individuals, each with their own investment views and preferences.
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