Meme Stocks List: 10 High-Risk, High-Reward Investments

Meme stocks have captivated the financial world, offering investors both exhilarating opportunities and significant risks. Propelled by social media buzz and online communities, these stocks often experience dramatic price swings that defy traditional market analyses.

For example, Reddit's WallStreetBets lead to significant volatility and trading volumes, setting the stage for similar market behaviours in subsequent years.

Understanding the Concept of Meme Stocks

To summarise, meme stocks are equities gaining sudden popularity among retail investors, primarily driven by discussions on social media platforms and online forums. This surge in attention often leads to rapid and unpredictable price movements, detached from the company's fundamental performance.

The phenomenon gained prominence in early 2021 with the unprecedented rise of GameStop and AMC Entertainment, projecting their high-risk, high-reward potential.

Today, the meme stocks list continues to evolve, with new players entering the scene and capturing the imagination of retail investors. Although social media trends, celebrity endorsements, and broader market sentiments can influence these stocks, investors are still drawn to meme stocks for their potential to yield substantial short-term gains.

Our Recommended 10 High-Risk, High-Reward Meme Stocks List

1) Newsmax (NMAX)

Newsmax, a conservative news network, made headlines with its explosive stock market debut. Shares surged by 2,190% within two days of its initial public offering (IPO), pushing the company's market valuation beyond $20 billion.

This remarkable rise is partly due to the limited number of shares offered in the "mini IPO," making the stock more susceptible to significant price movements. Despite reporting a loss of $72 million on revenue of $171 million in 2024, Newsmax's stock continues to attract retail investors.

2) GameStop Corp. (GME)

GameStop, the original meme stock, remains a focal point for retail investors. In 2025, the company announced plans to incorporate Bitcoin as a treasury-reserve asset, aiming to innovate and gain financial flexibility. This move led to an 11.6% increase in share price, reflecting renewed investor interest.

However, GameStop continues to face challenges in its core business amid declining sales and competition from digital gaming.

3) AMC Entertainment Holdings (AMC)

AMC Entertainment, a prominent player in the meme stock arena, experienced significant price fluctuations driven by retail investor enthusiasm.

In early 2025, AMC's stock surged following social media buzz despite ongoing challenges in the theatre industry and efforts to restructure debt. The company's performance remains closely tied to the release of massive movie titles and overall box office success.

4) MicroStrategy Inc. (MSTR)

MicroStrategy, known for its substantial Bitcoin holdings, continues to attract attention as a meme stock. The company's aggressive cryptocurrency investments have led to significant stock price volatility, correlating closely with Bitcoin's market performance.

Investors view MicroStrategy as a proxy for cryptocurrency exposure within the equity market.

5) Tesla Inc. (TSLA)

Tesla remains a highly discussed stock among retail investors and online communities. Its innovative approach to electric vehicles and energy solutions and CEO Elon Musk's influential social media presence contribute to its status as a meme stock.

Tesla's stock experiences significant price movements influenced by product announcements, production milestones, and broader market trends.

6) SoundHound AI, Inc. (SOUN)

SoundHound AI, specialising in voice recognition and artificial intelligence, has emerged as a notable meme stock. Its innovative technology and growing partnerships have captured the interest of retail investors, leading to increased trading volumes and stock price volatility.

7) Rivian Automotive, Inc. (RIVN)

Rivian, an electric vehicle manufacturer, has gained attention on our meme stocks list due to its potential to compete with established players like Tesla.

Despite production challenges and financial losses, investor enthusiasm remains high, driven by the company's innovative vehicle designs and strategic partnerships.

8) BlackBerry Limited (BB)

BlackBerry, once a leader in mobile devices, has reinvented itself as a cybersecurity and software company. This transformation and its legacy brand recognition have kept it in the meme stock conversation.

Investors are intrigued by its potential in the cybersecurity sector, leading to speculative trading activity.

9) Block, Inc. (formerly Square, Inc.)

Block, a financial services and digital payments company has maintained its status as a meme stocks list favourite.

Despite a significant share price decline earlier in the year, the company's ventures into AI and cryptocurrency have reignited investor interest, positioning it as a high-risk, high-reward investment.

10) Robinhood Markets, Inc. (HOOD)

Robinhood, the trading platform popular among retail investors, has become a meme stock. Its role in democratising finance and the controversies surrounding its operations have led to significant stock price volatility, attracting both speculative investors and critics.

Risks and Considerations to Consider Before Trading

As mentioned at the start, investing in meme stocks carries substantial risks. Their prices are often driven by social media sentiment rather than fundamental financial metrics, leading to extreme volatility.

Regulatory concerns have also emerged, with authorities scrutinising potential market manipulation and the gamification of trading platforms. Investors should exercise caution, conduct thorough research, and consider risk tolerance before engaging with meme stocks.

Conclusion

In conclusion, meme stocks represent a unique intersection of social media influence and market dynamics. While they offer the allure of rapid gains, they also pose significant risks due to their inherent volatility and speculative nature.

As the financial landscape continues to evolve in 2025, staying informed and approaching such meme stocks list investments with a critical eye is essential for navigating the high-risk, high-reward world of meme stocks.

Disclaimer: This material is for general information purposes only and is not intended as (and should not be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by EBC or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.