The Big Take
The Stock Market After GameStop (Again)
Meme stocks are back. Or are they? On today’s Big Take podcast: how to think about social media-driven stock markets.
A GameStop store in New York.
Photographer: Shelby Knowles/BloombergThis article is for subscribers only.
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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.