GameStop Corp. shares almost quadrupled from Tuesday’s close and the flurry of buying spread to a host of other meme stocks, egged on by members of Reddit's WallStreetBets forum. Bloomberg Television's Dani Burger reports.
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Francisco Gimeno - BC Analyst Old traders are very confused with these movements. It's not easy to understand anyway how the new language of meme stocks, traded by Reddit's forums work anyway. For us, this is just a phenomenon on how the things are being disrupting and transformed. Yes, it continues to be a risky investment, so take care out there.