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

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  • Nobanee, Haitham
  • Ellili, Nejla Ould Daoud

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.

Suggested Citation

  • Nobanee, Haitham & Ellili, Nejla Ould Daoud, 2023. "What do we know about meme stocks? A bibliometric and systematic review, current streams, developments, and directions for future research," International Review of Economics & Finance, Elsevier, vol. 85(C), pages 589-602.
    • Handle: RePEc:eee:reveco:v:85:y:2023:i:c:p:589-602
    DOI: 10.1016/j.iref.2023.02.012
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    1. Hussain, Syed Mujahid & Ahmad, Nisar & Ahmed, Sheraz, 2023. "Applications of high-frequency data in finance: A bibliometric literature review," International Review of Financial Analysis, Elsevier, vol. 89(C).

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    More about this item

    Keywords

    Meme stocks; Reddit; GameStop; Short squeeze; WallStreetBets; Bibliometric;
    All these keywords.

    JEL classification:

    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • D89 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Other
    • F39 - International Economics - - International Finance - - - Other
    • G29 - Financial Economics - - Financial Institutions and Services - - - Other
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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