Interview: Confused about meme stocks? Here's what you need to know.
FEAR & GREED | Business News · Fear and Greed
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Show Notes
In 2021 shares in GameStop, a struggling chain of video game shops in the US, soared from around $US18 to almost $US500 - a result of online hype, largely on social media platform Reddit. And now it's happening again, after the reemergence of 'RoaringKitty', one of the main drivers of the surge.
Chris Brycki, founder and CEO of online investment adviser Stockspot, talks to Sean Aylmer about meme stocks, and why they're just the latest iteration of 'pump and dump' schemes.
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