The latest victim of the meme stock craze is video game hardware manufacturer Corsair (CRSR).
When the market opened on Monday, the stock was up 31% to $40.70, its highest price since late February, as mentions of the company on Wall Street Bets' (WSB) Reddit pages exploded. It gained 11.25% at the market close on Monday.
According to Quiver Quantitative, the stock had been mentioned at least 1,180 times on WSB as of Monday morning.
Corsair, which was founded in 1994, went public in September at $15.12 per share, raising $238 million at a valuation of $1.6 billion.
The stock is up 13.08 percent year to date and 169 percent since its initial public offering.