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-0.000947910083957658 -0.00171526586620924 -0.00135415726279671 -0.0016701272907826 -0.00315970027985912 -0.00424302609009659 -0.00257289879931386 -0.00126388011194367
Stock impact report

Understanding the 'quasi-religious fervor' behind meme stocks [Yahoo! Finance]

Interactive Brokers Group, Inc. - Class A (IBKR) 
Last interactive brokers group, inc. - class a earnings: 4/21 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.interactivebrokers.com
Company Research Source: Yahoo! Finance
Reddit ( RDDT ) began trading at high valuations despite the companies actively losing money. Public COO Stephen Sikes and Interactive Brokers Chief Strategist Steve Sosnick join Yahoo Finance to discuss the renewed interest in meme stocks, FOMO investing, and what investors need to keep in mind when considering chasing this trend. Sosnick explains his rubric for the hallmarks of a meme stock: "Number one is sort of a quasi-religious fervor. It's one thing to be enthusiastic about a stock. It's another thing to just be so hyped up about it. Think about how the real apes were in AMC ( AMC ), the real devotees in GameStop ( GME ) early on. Certainly one could say that about the former president's base, who I think has helped getting DJT stock moving. Second, and sort of part and parcel with this, is disregard for fundamentals. If you're believing in the faith of the stock, if you have... a non-analytical view of the stock, then you can disregard the fundamentals." Sikes breaks dow Show less Read more
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