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Interview: Confused about meme stocks? Here's what you need to know.

Interview: Confused about meme stocks? Here's what you need to know.

FEAR & GREED | Business News
12 min
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<p>In 2021 shares in GameStop, a struggling chain of video game shops in the US, soared from around $US18 to almost $US500 - a result of online hype, largely on social media platform Reddit. And now it's happening again, after the reemergence of 'RoaringKitty', one of the main drivers of the surge.<br><br>Chris Brycki, founder and CEO of online investment adviser Stockspot, talks to Sean Aylmer about meme stocks, and why they're just the latest iteration of 'pump and dump' schemes.<br><br><em>This is general information for education purposes only. You should seek professional advice before making investment decisions.&nbsp;</em></p> <p><a href="https://fearandgreed.com.au" rel="nofollow">Find out more: https://fearandgreed.com.au</a></p> <p>See <a href="https://omnystudio.com/listener" rel="nofollow">omnystudio.com/listener</a> for privacy information.</p>