Is meme trading back? These 4 stocks could benefit from a retail investor boom

📆 15/05/2024 00:44:00
📰 CNBC

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Deutsche Boerse AG,Euronext NV,Cboe Global Markets Inc

Whether investors profit from their bets on GameStop and AMC or not, these companies look set to cash in from the rise in trading.

Whether retail investors profit from their bets on GameStop and AMC Entertainment or not, one group of companies looks set to cash in from the frenzied trading: stock exchanges. So-called meme stocks, which gained popularity through social media platforms like Reddit and Twitter , have attracted retail investors looking to make a quick profit. These traders typically buy and sell stocks and options, a derivative, through their broker on a stock exchange.

We will simplify, broaden access to trading of non-domestic securities. Through this new innovative offer, we will offer retail investors a true one-stop-shop experience for equity trading," he said in May 2023. The consensus price target of 19 analysts polled by FactSet points to a 13% upside for the exchange's own stock. The stock is traded in France, U.S., U.K. and Portugal. Cboe Global Markets Cboe , one of the largest options exchange operators in the U.S.

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