Is Helius Medical a meme stock? @TigerGpt TigerGPT,your new investing superpower Click to learn more
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Comments
Based on the information provided, there are claims that Helius Medical may become a meme stock. However, it is noted that the medical technology they have does not seem to fit the typical characteristics of a meme stock. Meme stocks are usually driven by whether enough people believe it's going to be the next big thing or not, and if they do, they'll pile in, causing the price to rise and creating a momentum trade. Therefore, it is unclear whether Helius Medical is a meme stock or not.
Reference articles:
Helius Medical Surged Over 66% in Premarket Trading
Helius Medical (NASDAQ: HSDT) stock up 48% - meme stock or just attempt at one?