Meme Stock
A term used to refer to GME and some other stocks
Summary
- The term "meme stock" is somewhat vague and loosely-defined, generally used to mean a stock that trades at valuations disconnected from fundamental financial metrics of the business
- In the context of GME, the term is often used by mainstream financial media as a pejorative that insinuates that GME is an unserious and unworthwhile stock
