Finance Monthly - October 2022

Finance Monthly. Inve s tmen t 45 Alongside GameStop (GME) and AMC Entertainment (AMC), Bed Bath & Beyond (BBBY) was one of the biggest beneficiaries of retail trader mobilisation. The early meme trading investors had a stunning success. From March 2020, at BBBY’s low point of $3.84, to the five-year’s peak at $35.36 in January 2021, many investors have made over 800% in profits. No doubt, to receive such gains in less than a year could be a life-changing development, especially now with so many discount stock brokers available. The very telling of it inspires dreams of financial freedom. However, herein lies the problem. Is this investing model sustainable? Shane Neagle What BED BATH & BEYOND Can Tell Us about MEME STOCKS

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