GarFTW
voted
Investors looking to capitalize on this year’s meme-stock mania without having to scour Reddit message boards may soon be able to through an Exchange-Traded Fund.
The Roundhill MEME ETF will screen stocks based on their social media activity and levels of short interest, according to a Securities and Exchange Commission filing Thursday. The ETF will rebalance every two weeks based on the holdings’ "social media score" over a trailing 14-day period.
The VanEck Vectors Social Sentiment ETF, which is backed by Barstool Sports Inc founder Dave Portnoy, invests in stocks that are popular on social media and has gained 10% since its launch in March, underperforming versus the ...
The Roundhill MEME ETF will screen stocks based on their social media activity and levels of short interest, according to a Securities and Exchange Commission filing Thursday. The ETF will rebalance every two weeks based on the holdings’ "social media score" over a trailing 14-day period.
The VanEck Vectors Social Sentiment ETF, which is backed by Barstool Sports Inc founder Dave Portnoy, invests in stocks that are popular on social media and has gained 10% since its launch in March, underperforming versus the ...
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GarFTW
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Meme stock $GameStop (GME.US)$surged as much as 36.5% to $225 apiece in heavy trading volume. More than 14 million shares changed hands, seven times more than its 30-day average, according to FactSet.
Other meme stocks also popped.
Shares of $AMC Entertainment (AMC.US)$ jumped 20.3%.
$Clover Health (CLOV.US)$ climbed nearly 10%.
$Bed Bath & Beyond Inc (BBBY.US)$ rose more than 4%.
$Robinhood (HOOD.US)$
Other meme stocks also popped.
Shares of $AMC Entertainment (AMC.US)$ jumped 20.3%.
$Clover Health (CLOV.US)$ climbed nearly 10%.
$Bed Bath & Beyond Inc (BBBY.US)$ rose more than 4%.
$Robinhood (HOOD.US)$
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GarFTW
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$Robinhood (HOOD.US)$ You're joking. they IPO'ed less than two weeks ago and they already have a secondary offering!?
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GarFTW
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$Advanced Micro Devices (AMD.US)$ why is this dropping, good potential stock?
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GarFTW
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$GameStop (GME.US)$ GameStop running like Gump. I hope AMC follows suit $AMC Entertainment (AMC.US)$
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GarFTW
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GarFTW
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GarFTW
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