Teens swarm TikTok to talk about investing amid GameStop frenzy - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

Canada News News

Teens are swarming TikTok to talk about how to start investing thanks to the GameStop frenzy

As of publication, #investing had 1.5 billion views and #gamestop has over 380 million views, while the even more recent hashtag — #buyinggamestop — had over a quarter million on the TikTok app.

One TikToker, a high school student who runs the account @assetentities, has seen views and followers climb as news of GameStop stocks spread over the past week. "Engagement on TikTok has been insane," the user told Insider."I've been getting messages on Instagram and TikTok of people asking me to help them start investing."from $35 to $325 per share between January 20 to 27, people have been finding creative ways to explain on social media how amateur traders buoyed a struggling company to an 8,000% stock value increase from previous months.

The classic tale of wall street hedge fund investors versus an army of traders, some from forums like Reddit or Discord, has made for a compelling narrative for the younger generation.

According to BofA, the younger generations will push the stock market away from more classical institutions to focus on new technology, sustainability, and climate change efforts.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I really want to recommend others to start trading with kathleen_pro trading platform,I’ve had massive growth in my BTC wallet after making several withdrawals from their trading platform,it’s so profitable and secured.I’m doing this because of her legitimacy

Apes together strong!

jay_si57

From what I understand Tik Tok is directly connected to the Chinese Communist party if you support Tik Tok you support the people who killed 280000 American citizens stop using Tik Tok

All in favor of developing and implementing a WallStreetBets brokerage app say aye! Sharing and liking this comment will really help spread the word! 🚀🚀🚀

Follow TikTokInvestors 👏🏼🤣

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines