Reported 6 months ago
In this special edition of the Opening Bid podcast on Yahoo Finance, Executive Editor Brian Sozzi, Steve Sosnick of Interactive Brokers, and Jay Woods of Freedom Capital Markets provide insights on investing in GameStop amid the meme stock frenzy. They discuss the volatility and risks associated with meme stocks, emphasizing the importance of risk management and being cautious in trading these highly volatile stocks. The discussion sheds light on the market manipulation concerns and the lessons investors can learn from these situations, urging them to understand the risk versus reward dynamics and to have a disciplined approach when trading such stocks.
Source: YAHOO