Meme Stock ETF Returns Spark New Market Frenzy

1 min read
Source: Barron's
Meme Stock ETF Returns Spark New Market Frenzy
Photo: Barron's
TL;DR

Roundhill Investments has relaunched a meme stock ETF, with Opendoor Technologies as its top holding, reflecting ongoing retail investor enthusiasm and a potential market warning sign, as the fund includes high-tech unprofitable companies like Plug Power and Rigetti Computing, and signals that meme stocks have evolved from struggling brands to high-tech firms, possibly indicating market exuberance.

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