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Gen Z investors are shifting their focus from “mem-shares” to “metaverse,” the report said.

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New York, Jan. 14 () – A year after GameStop Corp.’s sales rage, enthusiasm for “mem shares” has eased for young investors, with Gen Z turning its attention to companies in areas such as electric vehicles and the metaverse. drew. the report was released on Friday.

According to quarterly investor forecasts by Apex Fintech Solutions, which provides brokerage and clearing services for brokers such as SoFi, Stash, and WeBull, Tesla Inc. had the highest share of Generation Z cohorts in the fourth quarter for those born after 1996. and Markus of Goldman Sachs.

AMC Entertainment fell from No. 1 to No. 3 in the top 100 of the stock’s rankings for the first time in several quarters, the report said, analyzing 1 million Gen Z accounts belonging to Apex’s clearing division.

The report said GameStop fell five places to 11th place last January when retail investors gathered to try to penalize short sellers on social media. With less noise, mem shares fell more, Wish e-commerce platform owner ContextLogic fell 35 places to 56th, and Ocugen Inc. biopharmaceuticals dropped 41 places to 91st. .

In November, the popular Rivian Automotive Inc. electric vehicle startup debuted at 44th, while Chinese EV maker NIO ranked 8th and Ford Motor Co. 19th.

Shares of Facebook parent Meta Platforms Inc. jumped several places to 12th place, while Roblox jumped 36 places to 36th place.

“There’s more interest in the Metaverse,” Apex CEO Bill Kapuzzi said in an interview. “As more NFT companies become public, we’ll see them enter the top 100.”

The metaverse here usually refers to general virtual world environments that people can access via the Internet, often using virtual reality or augmented reality.

Payment companies are also popular with young investors, with Paypal Inc. rising 9 places from the third quarter to 19th, while Block, formerly known as Square, ranks 25th. )

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