We like the stock! The Anatomy of a Meme – The Wall Street Journal

Traders on Reddits raucous WallStreetBets forum have their own language. Unlike other internet communities, their jokes can be just for fun or signals of investing strategies.

Memes, in-group messages that are repeated and altered, are often offensive and evolve in significance over time. For these social media users, a rose isnt a rose isnt a rose.

Heres the anatomy of a notorious meme on WallStreetBets.

Like stockbrokers who have used the phrase for decades, the surface sentiment is liking a stock. On Reddit, this is often accompanied with a rocket emoji, which means the person using it thinks buying the stock will make it go up.

But on WallStreetBets, memes never stop at face value.

See the original post here:
We like the stock! The Anatomy of a Meme - The Wall Street Journal

Related Posts