Meme Stock Craze

Meme Stock Craze

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During the COVID-19 Pandemic, easy access to online stock brokerage apps like Robinhood and E-Trade enabled many Americans to become self-proclaimed “day-traders”. But new investors lack knowledge and experience of long-term value investing, and often find themselves treating the stock market like a "betting machine". Taking it a step further, some new investors have harnessed the power of social media to rally against big investment firms that are betting against certain stocks - which created the "meme stock craze". In today's episode, join Maggie and Jaden as they dive into the meme stock craze, and learn what a meme stock is, and whether or not this phenomenon is good for the investors, and the market overall.

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and get full access to Stukent CTE’s standards-aligned courses, simulations, certification prep, and certifications. 

Sign up for a free 30-day trial to see more episodes and get full access to Stukent CTE’s standards-aligned courses, simulations, certification prep, and certifications.