To the moon? Where GameStop and other meme stocks landed
It’s been a year since companies like GameStop and AMC were making headlines for their eye-popping stock price spikes. And while the heights of the craze have passed, a lot of retail investors who got caught up in the momentum are still advocating for their stock picks – and risking a lot of money on their convictions. Business reporter Joe Castaldo recently looked into who these meme stock investors are, why they still believe in the movement a year later and just how much money they’ve lost.
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Show Notes
It’s been a year since companies like GameStop and AMC were making headlines for their eye-popping stock price spikes. And while the heights of the craze have passed, a lot of retail investors who got caught up in the momentum are still advocating for their stock picks – and risking a lot of money on their convictions.
Business reporter Joe Castaldo recently looked into who these meme stock investors are, why they still believe in the movement a year later and just how much money they’ve lost.
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