Dusseldorf First a rise from five to $30, then the fall back to ten. US retailer Bed Bath & Beyond did what other stocks take years to do four weeks. It is reminiscent of the rally and subsequent crash of the US computer games retailer Gamestop last year.
Dietmar Janetzko believes that such course capers could become more common in the future. He is head of research at the analysis company Stockpulse, which specializes in evaluating data from social media. “Events of the kind that took place around meme stocks such as Gamestop or Bed Bath & Beyond could well become the standard case for speculative investments,” warns Janetzko in his current study.
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