The Rise and Fall of Meme Stocks

The chapter delves into the GameStop stock situation where a group on Wall Street Bets initiates a short squeeze resulting in a significant rise in stock price. It explores the phenomenon of meme stocks driven by social media and the impact on both regular people losing money and investors profiting off others. Additionally, it compares the unique aspects of Trump Media as a meme stock to tech companies like Netscape and Uber, highlighting speculative investing and market dynamics.