Jim Cramer sparked meme stock chatter by suggesting new acronyms for tech favs: PARC (Palantir, AppLovin, Robinhood, Coinbase) and CARP (Coinbase, AppLovin, Robinhood, Palantir). Palantir closed at $142.10, down 0.28%, while AppLovin rose 1.46% on strong Q2 revenue. Coinbase closed at $387.06, down 0.49%, pre-market up 1.64%. Robinhood fell 0.36% to $98.34, pre-market up 2.45%. All three stocks fell slightly in Monday’s session, driven by Bitcoin’s record high of $123,091.61 on July 14.

Read more at Yahoo Finance: Jim Cramer has a surprising take on four ‘meme’ stocks