Gen Z investors shift focus from ‘meme-stocks’ to the ‘metaverse,’ report shows

Published by
Reuters

By John McCrank NEW YORK (Reuters) – Enthusiasm around “meme stocks” has eased for young investors a year on from the GameStop Corp trading frenzy, with Gen Z’s attention shifting to companies in areas like electric vehicles and the “metaverse,” according to a report released on Friday. The top stock holding among the Gen Z cohort – people born after 1996 – in the fourth quarter was Tesla Inc, according to the quarterly investor outlook from Apex Fintech Solutions, which provides custody and clearing services for brokers like SoFi, Stash, WeBull, and Goldman Sachs Group’s Marcus. AMC Entertain…

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