Bruce Bentley

(Reuters) - Shares in laser developer MicroVision Inc rose 47% on Monday and other Reddit favorites rose, suggesting interest in so-called meme stocks remains strong after a wild ride this year. MicroVision, which develops laser scanning technology for automotive lidar sensors and augmented reality, was the most mentioned stock on Reddit's popular WallStreetBets forum on Monday, according to SwaggyStocks, the mood tracker. Other so-called meme stocks, centered on WallStreetBets and other online forums populated by retailers, were also higher on Monday, including GameStop, AMC Entertainment and Koss Corp. "I think it's retail coming back earlier this week," said Rick Meckler, partner at Cherry Lane Investments, a family investment firm in New Vernon, New Jersey. "Meme stocks tend to be more emotional and very dynamic for investors." Meme stocks were in the spotlight earlier this year when a spate of purchases of shares in video game retailer GameStop forced ...

Dogecoin is a "meme" cryptocurrency that appears to have been created as a joke Yuriko Nakao / Getty Safemoon, a new digital token launched in March, quickly caught the attention of crypto traders. The search for the new cryptocurrency this week peaked on April 20th. The day Dogecoin should rise to $ 1. "SafeMoon is similar to Dogecoin in the sense that it is unclear what use the project has or will have," John Wu, president of Ava Labs, told Insider. Register here for our daily newsletter 10 things before the opening bell April 20th was supposed to be Doge's Day. But instead of seeing their favorite meme-based token rocket at $ 1, Dogecoin enthusiasts watched the social media chatter merge around a lesser-known coin: Safemoon. Safemoon was launched in March and is up around 2,000% in one month, according to CoinGecko. The search for the cryptocurrency this week peaked early April 20 as the momentum behind Dogecoin was set to pick up. The coin...