More than a year after the subreddit r/WallStreetBets sparked a populist frenzy for highly shorted “meme stocks,” such as GameStop and AMC, the internet has seized upon a new source for undervalued investments: the stock portfolio of U.S. House Speaker Nancy Pelosi (D-Calif.).
Users of Reddit, TikTok, YouTube, and Twitter have created a new investment meme, resulting in greatly increased search activity for “Pelosi stock trades” and related phrases.