Exploring the risks and regulations surrounding meme stocks, drawing parallels to gambling in a casino. The discussion sheds light on the SEC's oversight, concerns about market manipulation, and the fine line between company disclosure and individual speculation.
The meme stock era, led by Keith Gill, aka “Roaring Kitty,” seemed to have come and gone — until this week, when he reemerged on social media. It was enough to send shares in GameStop and AMC on a wild ride again, conjuring memories of 2021’s meme stock mania.
So what’s really going on? On today’s episode, Bloomberg’s Money Stuff columnist Matt Levine schools us in Meme Financial Markets — and breaks down for host David Gura what these wild moves mean for anyone interested in putting money in the stock market.
Read more: GameStop Is Back!?
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