24 days ago • Posted by Djellza Kolloni

Vinco Ventures and Support.com are riding high in the meme stock market

The two stocks rose more than 30% each on Monday, extending gains from the previous week, when Vinco Ventures more than doubled and Support.com nearly quadrupled. Individual investors tried to pump their bets on Twitter, Reddit's WallStreetBets, and Stockwits chatrooms, causing the rallies. On Monday, the market valuation of Support.com, a little-know software company, soared to $882 million, while Vinco Ventures, a digital media company, was valued at little over $460 million. Source: Bloomberg