$Palantir Technologies Inc.(PLTR)$Meme stocks jumped in morning trading. GameStop, Contextlogic, Microvision, Palantir and Blackberry rose between 2% and 14%....oops, I just realized Palantir is classified as Meme stock...Glad that finally my Palantir is green :)
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Comments
Are Tiger traders 'young and inexperienced investors'? Palantir is classified as a 'meme stock'. Wikipedia defines it as follows: A meme stock is a stockthat gains popularity among retail investors through social media... Investors in such stocks are often young and inexperienced. As a result of their popularity, meme stock often trade at prices That are above their estimated value based on fundamental analysis, and are known for being extremely speculative and volatile. So Traders beware!
Are Tiger traders 'young and inexperienced investors'? Palantir is classified as a 'meme stock'. Wikipedia defines it as follows: A meme stock is a stockthat gains popularity among retail investors through social media... Investors in such stocks are often young and inexperienced. As a result of their popularity, meme stock often trade at prices That are above their estimated value based on fundamental analysis, and are known for being extremely speculative and volatile. So Traders beware!