Reported about 5 hours ago
The recent revival of interest in meme stocks has led Roundhill Investments to reintroduce a meme ETF, exclusively encompassing meme stocks. This initiative comes two years after the previous fund was closed due to declining interest. Investors are increasingly looking towards meme stocks amid a soaring S&P 500, aiming to find potentially undervalued stocks. The ETF, trading under the 'MEME' symbol, includes major players like Opendoor Technologies and Plug Power, and aims to capitalize on the unique market sentiment surrounding these stocks, which often experience rapid and volatile price movements.
Source: YAHOO