The answer to this question: In 2021, meme stocks, or stocks that are greatly influenced by social media, took off in popularity. Meme stocks gained traction in part due to popular online forums such as the r/WallStreetBets subreddit. What ensued was a meme stock frenzy, in which key meme stocks skyrocketed in value over a short period of time. GameStop vs. AMCWhen debating whether to invest into GameStop vs. AMC, the best answer may be to invest in neither. More From GOBankingRatesThis article originally appeared on GOBankingRates.com: GameStop vs. AMC: Which Meme Stock Is a Better Investment Today?
Source: Forbes February 10, 2024 21:50 UTC