From “Nasdaq”: 2024-05-20 14:30:12

1. “Meme stocks gain attention as investors coordinate buying efforts on social media platforms like Reddit’s r/WallStreetBets forum. Top meme stocks touted to be worth buying on the dip.”
2. “Investors back meme stocks for various reasons, from challenging hedge funds to profiting from short squeezes. Potential for strong returns in the coming months.”
3. “Coinbase sees significant growth, surpassing revenue estimates with optimistic targets for 2024. Short-term performance linked to Bitcoin’s volatility and bullish outlook.”
4. “Uber achieves first-ever operating profit, showing growth in trips, bookings, and income. Ambitious goals set for 2024, targeting $5 billion in adjusted earnings.”
5. “DraftKings capitalizes on online sports betting trend with aggressive marketing strategies. Raises financial guidance for 2024, expecting substantial revenue growth and positive outlook supported by customer retention and acquisition.”

Read more at Nasdaq, Inc.: 3 Meme Stocks to Buy on the Dip: May 2024