Lots More With Luke Kawa on Memestock Mania 2.0 | Odd Lots

Remember GameStop? The poster-child for 2021's memestock mania recently surged almost 5x in a matter of days - and it was all catalyzed by a few tweets from Keith Gill, aka "Roaring Kitty." So what's going on? How similar and how different was this move to what captivated the world's attention three years ago? On this episode of Lots More, we speak with Luke Kawa, markets editor at Sherwood Media, who was one of the first to chronicle the world of WallStreetBets and memestocks for Bloomberg News. He breaks down what we just saw and the lessons we can take away from it.
See omnystudio.com/listener (omnystudio.com/listener) for privacy information.
Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.
Subscribe to Bloomberg Podcasts: bit.ly/BloombergPodcasts
Check out more Odd Lots: • Odd Lots
Get the Odd Lots newsletter via www.bloomberg.com/account/new...
And for all things Odd Lots, visit www.bloomberg.com/oddlots
Visit our other TH-cam channels:
Bloomberg Television: / @markets
Bloomberg Originals: / bloomberg
Quicktake: / @bloombergquicktake
#Bloomberg #Podcast #OddLots
Visit us: www.bloomberg.com/podcasts
Follow Bloomberg Podcasts on Twitter: / podcasts
For coverage on news, markets and more: www.bloomberg.com/video

[@trespittman1055]

1. Business fundamentals have changed substantially in the last year (closed unprofitable stores, shuttered nft/web3 play, candycon line -> positive EPS
2. How can a stock be over 100% shorted? what is DRS?
3. Please update w.r.t. CAT and last weeks offering