What are Meme Stocks? What Their Rise Tells Us About The Changing Wall Street Power Players
Long gone are the days of only a select, small group of individuals controlling the price of stocks. While the list of power players used to include CEOs, Government lobbyists, Warren Buffet, and hedge fund managers there’s a new heavy hitter in town. Reddit. And the establishment is not too happy about its newfound power over Wall Street and its meme stocks.