Meme stock mania has returned to the markets. Wild swings in GameStop and AMC stock have drummed up more interest in retail trading trends; Tastytrade founder and Co-CEO Tom Sosnoff considers meme trader philosophy and its impact on market health. Plus, Joe Kernen and Andrew Ross Sorkin’s obsession with the Biden Administration’s budget proposal restricting CEO stock buybacks continues another day – this time, due to athleisure company - and maker of the world’s greatest pants - Lululemon’s announcement of a $1 billion stock repurchase program.
In this episode:
Tom Sosnoff, @tastytrade
Andrew Ross Sorkin, @andrewrsorkin
Joe Kernen, @JoeSquawk
Katie Kramer, @Kramer_Katie
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