CEO of Tradier Predicts Short-Lived Rally for GameStop's Meme Stocks

Tuesday, 14 May 2024, 19:56

The recent meme stock rally boosting GameStop's shares is termed a 'short-term baseless frenzy' by Dan Raju of Tradier. The CEO predicts the volatility to settle in a few days, cautioning investors to expect a possible downturn soon.
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CEO of Tradier Predicts Short-Lived Rally for GameStop's Meme Stocks

GameStop’s Meme-Stock Frenzy: Brokerage CEO Irrationality

The meme rally that sent shares of GameStop Corp. soaring this week will likely peter out in a couple of days, says Dan Raju, the CEO of cloud-based financial-services provider Tradier.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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