News

Trump Media has reawakened the meme stock monster as GameStop surges

todayMay 14, 2024 8

Background
share close
We in the financial press tend to talk about the meme stock revolution (or craze, or frenzy, or mass delusion) in the past tense. It was a 2021 phenomenon — the climax of a zero-interest rate-fueled euphoria that pit Robinhood hobbyists against Wall Street’s elite, a financial David vs. Goliath, etc.

​ We in the financial press tend to talk about the meme stock revolution (or craze, or frenzy, or mass delusion) in the past tense. It was a 2021 phenomenon — the climax of a zero-interest rate-fueled euphoria that pit Robinhood hobbyists against Wall Street’s elite, a financial David vs. Goliath, etc. Read More Breaking News, Latest News and Videos | CNN 

Written by:

Rate it