Admin Reporter- POOJA1

Mar 01 2021

GameStop and Other ‘Meme Stocks’ Hyped by Social Media Bots, Analysis Shows

Monday, 1 March 2021

Bots on major social media websites have been hyping GameStop and other "meme stocks," although the extent to which they influenced prices was unclear, according to analysis by Massachusetts-based cyber security company PiiQ Media.





GameStop closed 6 percent lower on Friday as an early rally fizzled but the stock finished the week 151 percent higher in a renewed surge that left analysts puzzled.

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