Are Meme Stock Back in Action?

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Are Meme Stock Back in Action?

A stock that observes a sudden increase in its trading volume due to hype on online and social media forums about it is known as a meme stock. Due to the frenzied popularity created on platforms like Twitter and Reddit, most meme stocks become overvalued in a short span of time. AMC Entertainment, GameStop Corporation and Blackberry Limited are some examples of meme stocks that have trended widely in 2021. 

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