Meme Stocks: A Decade of Volatility and Potential for Massive Gains

This article discusses the performance of various meme stocks over the past decade. If you had invested $1,000 in these stocks in 2016 or at their IPO, the current value of your investment would range from $3,532 for GameStop to $29,712 for Carvana. However, many of these stocks have delivered negative returns, with some wiping out the majority of an investor's money. The article concludes that investing in meme stocks is highly risky and recommends investing only what you can afford to lose.