(July 20) The DOW rose more than 1%. $IBM($IBM(IBM)$)$ gained over 4%,IBM quarterly revenue beats on cloud strength. Apple, Boeing jumped more than 1%.
So technically, reddit meme group is indirectly helping those established stock companies.
We put 6 more meme stocks' numbers to the test and the differences are telling
Digging deeper into the the meme stock phenomenon, there are big difference between Palantir, Wendy's, Canoo and other companies.The world of meme stocks is changing every day as traders communicating through Reddit's WallStreetBets channel and other social media set their sights on new targets for short squeezes or find other downtrodden companies to bid up in price.After last week's look at financial results and projections for the four BANG stocks and four other meme companies, what follows i