acf/google-ad-placement

The meme meltdown continues. The Listed Funds Trust - Roundhill MEME ETF MEME has plunged by more than 40% since its debut on Dec. 8, 2021.

Meme stocks are popular in the Reddit day trading community. MEME is an ETF that holds a portfolio of them., including&nbsp;Roblox Corporation RBLX, Snap Inc. SNAP, and QUALCOMM Incorporated QCOM.

This makes MEME a good benchmark for this part of the stock market.

A year ago, it seemed like the only way these stocks could move was higher. But reality has set in, and many of them have dropped by 80% or more. It looks like the downtrend will continue.

<img alt="meme.png" src="https://www.benzinga.com/files/u344550/meme.png" style="height:400px; width:640px" />

Specialty ETFs

New ETFs

Technicals

Trading Ideas

ETFs

The meme meltdown continues. The Listed Funds Trust - Roundhill MEME ETF (NYSE: MEME) has plunged by more than 40% since its debut on Dec. 8, 2021.

BZ Chart Of The Day: Memes Meltdown 

Mark Putrino

Qualcomm

Roblox

Snap

The meme meltdown continues. The Listed Funds Trust - Roundhill MEME ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/meme#NYSE">MEME</a>) has plunged by more than 40% since its debut on Dec. 8, 2021.

Application error: a client-side exception has occurred (see the browser console for more information).