GameStop shares are up 68% this year—but getting rich trading 'simply isn't going to happen,' says financial psychologist
Publishing timestamp: 2024-06-03 17:34:32
Summary
GameStop shares surged 30% in response to a Reddit post from Keith Gill, the man who inspired the meme stock mania in 2021. Financial experts warn against getting involved in speculative trading, likening it to gambling and emphasizing the importance of managing finances based on specific goals.
Sentiment: MIXED
Tickers: GME,
Keywords: gamestop corp, personal finance,
Source: https://www.cnbc.com/2024/06/03/financial-psychologist-be-wary-of-meme-stocks-like-gamestop.html