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Evening Edition: "Meme Stock" Madness & Buyers' Remorse

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Manage episode 418450585 series 2857482
Content provided by FOX News Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by FOX News Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Meme stocks are back to shaking up the market, with GameStop shares up 60% Tuesday (adding some $12B in market value this month) and AMC Entertainment shares up 32% (adding $2B in value).

The man who kicked off the “meme stock” trend in 2021, Keith Gill, set the market in motion just by pushing out a single tweet. Amateur traders are once again investing in the trend, trying to get rich quick. Fox Business Contributor and President of Kaltbaum Capital Management, Gary Kaltbaum, joins the Evening Edition to explain why this fad could be a double-edged sword for investors.

Learn more about your ad choices. Visit megaphone.fm/adchoices

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578 episodes

Artwork
iconShare
 
Manage episode 418450585 series 2857482
Content provided by FOX News Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by FOX News Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Meme stocks are back to shaking up the market, with GameStop shares up 60% Tuesday (adding some $12B in market value this month) and AMC Entertainment shares up 32% (adding $2B in value).

The man who kicked off the “meme stock” trend in 2021, Keith Gill, set the market in motion just by pushing out a single tweet. Amateur traders are once again investing in the trend, trying to get rich quick. Fox Business Contributor and President of Kaltbaum Capital Management, Gary Kaltbaum, joins the Evening Edition to explain why this fad could be a double-edged sword for investors.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

578 episodes

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