Meme stock mania 2.0
3 minute readPublished: Wednesday, October 8, 2025 at 9:40 pm
Meme Stock Mania 2.0: Retail Investors Revive the Trend
The meme stock phenomenon, which saw retail investors driving up the prices of companies like GameStop and AMC, is experiencing a resurgence. This time, the movement is fueled by a combination of social media activity and new investment tools.
The recent revival was sparked by the return of Roaring Kitty, also known as Keith Gill, a prominent figure in the original meme stock frenzy. After a three-year hiatus, Gill resurfaced on social media in June 2024, posting a ledger of GameStop holdings worth millions. This triggered a 30% surge in the stock price. Gill also posted a reverse green card from the game Uno on X, a symbol reportedly associated with a comeback in the meme stock community.
Responding to the renewed interest, Roundhill Investments has launched an exchange-traded fund (ETF) specifically designed to capitalize on the meme stock trend. The ETF, trading under the ticker MEME, is actively managed and aims to quickly rotate into the stocks currently generating the most buzz among retail investors. The fund's CEO, Dave Mazza, stated that meme stocks have evolved from a rebellion into a revolution, with retail investors establishing themselves as a permanent force in the market.
The MEME ETF offers investors a way to participate in the momentum of these stocks, or to hedge against bets that a stock will fall. The ETF includes stocks like Opendoor Technologies, Plug Power, and Applied Digital Corp. Opendoor Technologies, for example, has seen its stock price fluctuate significantly, with retail investors, known as the "Open Army," playing a role in the company's strategic decisions. Other stocks included in the MEME ETF are Hims & Hers Health, Quantum Computing, and Bloom Energy.
BNN's Perspective:
The resurgence of meme stocks highlights the enduring influence of retail investors on the market. While the volatility of these stocks presents risks, the creation of ETFs like MEME provides a regulated avenue for investors to participate in this trend. It's crucial for investors to approach these investments with caution, understanding the potential for rapid price swings and the importance of thorough research.
Keywords: Meme stocks, GameStop, AMC, Roaring Kitty, Keith Gill, DeepFvalue, MEME ETF, Roundhill Investments, retail investors, Opendoor Technologies, Plug Power, Applied Digital Corp, Hims & Hers Health, Quantum Computing, Bloom Energy, stock market, investment, trading, volatility