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The Rise, Fall, and Risks of Meme Stocks: A Comprehensive Overview
Meme stocks have become a phenomenon in the financial world, capturing widespread attention through social media and online communities. These stocks, often characterized by extreme volatility and unpredictable price swings, are driven not solely by fundamentals but by viral trends and collective investor behavior. As meme stocks make headlines again in 2024, it’s essential for investors to understand their nature, history, and associated risks before jumping in.