Welch, who became a viral meme last year for her infamous 'You gotta give ’em that ‘hawk tuah’ and spit on that thing!' line, ...

But what is a meme stock exactly? Below, CNBC Select explains these types of investments, plus where you're likely better off putting your money instead. What we'll cover What's a meme stock?

Kanye West, now known as Ye, the famous rapper and Bitcoin advocate, pulled back the curtain on a $2 million conspiracy.