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Larisa Yarovaya

Associate Professor of Finance and the Director of the Centre for Digital Finance at Southampton Business School, University of Southampton.

Southampton, UK.

Larisa Yarovaya

Truth Social: Why Donald Trump’s social media ‘meme stock’ surged and fell by over US$1 billion within a week

Speculation

Truth Social: Why Donald Trump’s social media ‘meme stock’ surged and fell by over US$1 billion within a week

— Donald Trump’s Truth Social went public, adding £876m to its value. Shares surged then fell, echoing the GameStop phenomenon but lacking its success, highlighting the risky nature of meme stock investments.

By Larisa Yarovaya Apr 7, 2024

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