• Alexis Ohanian Calls Meme Stocks ''Charming'' but ''Nothing New''

    9 days ago - By Hypebeast

    Reddit co-founder Alexis Ohanian is chiming in on the meme stock frenzy. Ohanian recently spoke with CNBC , tracing back the roots of the frenzy to the online forum website he helped create. Ohanian dives into the trend pinpointing the results of momentum investing when it is amplified by technology and particularly, social media. Ohanian said in an interview on Squawk Box , "Really, the existence of people getting whipped up and excited about a stock has happened, you know, it's happened around barbershops. It's happened around bars. Retail investors have just never been able to jump on...
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