What do we know about meme stocks? A bibliometric and systematic review, current streams, developments, and directions for future research

Abstract

This study applies a bibliometric analysis of documents published in the Scopus database on meme stocks to identify the basics of this field and to determine the main findings of previous studies. Meme stocks have attracted the interest of researchers and gained significant popularity in 2021 following the GameStop short squeeze. This study examines the literature on meme stocks over the last few years and reviews 71 published documents using VOSviewer. It identified three main clusters: GameStop, cryptocurrencies, and social media. Finance Research Letters and the Journal of Behavioral and Experimental Finance are the leading journals publishing papers on meme stocks, and the United States plays a major role in research on this topic. This study provides new directions for research on meme stock. keywords: Meme stock, Stocks research, AMC entertainment, short squeezes.