So-called “meme stock” trading addiction reared its ugly head again in the summer of 2025.
Retailer Kohl’s and online home-flipping platform Opendoor were among the hottest meme stocks in recent weeks. Camera maker GoPro and doughnut chain Krispy Kreme also joined the frenzy.
Meme stocks typically rise and fall by double digits, leaving some gamblers with a windfall and others left holding the bag. Meme stock gambling has harmed many lives.
In 2021, the meme stock craze involved heavily shorted stocks, such as GameStop and AMC.
The summer 2025 meme stock resurgence may be short-lived, but it’s important to be aware of the addiction risks and red flags to protect yourself, your family and friends.
Addiction Fuels Meme Stock Trades
Meme stock gamblers commonly have intense feelings of FOMO (fear of missing out).
Meme stock trading addiction is an emerging behavioral health issue fueled by viral social media hype and high-risk day trading culture. It’s a toxic get-rich-quick scheme.
What began with Reddit-driven surges in GameStop and AMC shares has evolved into a widespread obsession, especially among young investors. Young people are especially vulnerable to gambling addiction.
Fueled by addiction-by-design platforms like Robinhood, TikTok and Reddit, meme stock trading addiction mirrors traditional gambling problems.
Traders often show signs of compulsive behaviors, financial losses and emotional distress.
Signs of Meme Stock Trading Addiction
The meme stock craze exploits the brain’s dopamine system—much like slot machines or sports betting.
Quick wins and unpredictable spikes can hook traders into compulsive patterns, reinforced by toxic and predatory online communities that glamorize massive gains.
Here’s what to watch for among traders:
- Constant monitoring of stock apps and Reddit forums like r/wallstreetbets
- Chasing losses or doubling down after market dips
- Using credit cards or loans to buy volatile stocks
- Ignoring job, school, or family responsibilities
- Experiencing anxiety, mood swings, or depression linked to trading outcomes
Help for Stock Trading Problems
If you’re experiencing a crisis related to meme stock trading, call or text 988 to speak with someone at the National Suicide & Crisis Lifeline.
You can also call 1-800-GAMBLER for immediate help and support.
Meme stock trading addiction isn’t formally recognized in diagnostic manuals, but many mental health professionals consider it a form of gambling disorder.
Cognitive Behavioral Therapy (CBT) and financial counseling can help break the addiction cycle.
If you’re experiencing loss of control, debt, or distress from trading, seek support.
National helplines and therapists specializing in behavioral addictions can offer guidance.
You can overcome an addiction to stock trading with the right support.
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