MEME ETF

VICTORIA, Seychelles, June 05, 2024 (GLOBE NEWSWIRE) -- WOO X Research, the analysis team of the global centralized crypto futures and spot trading platform WOO X , is pleased to share its latest market insights on the current trends in the crypto landscape.

The Roundhill MEME ETF MEME will liquidate next month, according to a statement released recently by the fund's sponsor.

Snapchat owner Snap (SNAP) came up with its third-quarter earnings Tuesday afternoon, beating Zacks Consensus Estimates on both revenue and earnings per share.

For a fleeting moment this past week, I had imagined that we'd heard the last of the meme stock phenomenon—social-media-fueled speculative frenzies that can cause stocks to double or more literally overnight. GameStop, the original meme stock, dropped this last week to a multiyear low, nearly 90% below its highest price in January 2021, the month when meme stocks first came to widespread attention.

Meme stock traders continue to bet big on distressed companies, including notable firms like AMC Entertainment and American Airlines Group.

Jessica Inskip, OptionsPlay, joins 'Power Lunch' to discuss what she's seeing in the charts for meme stocks.

Meme stocks are coming back in 2023, leading the charge in a resurgence of risk-on investments this year.

It's easy to forget this timeless truth during those shorter periods in which quality uncharacteristically lags and junk stocks lead the market higher. That's certainly the case this year, as evidenced by the Roundhill MEME ETF MEME.