How social media fueled the GameStop stock surge
The market frenzy was spurred by social media posts from prominent CEOs and internet influencers. The tweets and threads created internet mayhem and ultimately pushed the video game retail business to a $24 billion market cap.
Like it or not, the influence of social media over the stock market — and the historic GameStop rally — is likely here for the long haul.
The influence a single tweet from Tesla CEO Elon Musk or Social Capital CEO Chamath Palihapitiya — who together sport nearly 44 million followers on Twit
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