Business
GameStop mania spreads as far as Malaysian glove makers – Aljazeera.com
Malaysian online community creates buzz around local stocks that have been beaten down by large institutional investors.
The manic ride in GameStop Corp. sparked by American amateur traders on Reddit has inspired some Malaysians to form a similar group targeting shares of glove makers one of Asias hottest pandemic trades in 2020.
The online community by the name of Bursabets was created on Thursday and is already boasting more than 4,800 members. The moderators of the group have defined it as the Malaysian version of Reddits WallStreetBets forum, to discuss stocks listed on Bursa Malaysia. The discussions so far have…
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