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Since the start of 2021, multiple stock markets have seen rapid increases. The NASDAQ went up 43.64% from 2020, according to the NASDAQ composite index, which compiles almost all stocks listed on the NASDAQ stock market.
With this increase, a plethora of stocks have witnessed great volatility over the new year, such as GameStop, AMC, Palantir, BlackBerry, Nokia and more.
Some Mercer students have taken advantage of this boom by investing in the stock market during the recent volatile exchanges, hoping to cash in on the capital opportunities. Many of them used Robinhood, a stock trading app marketed to young people.
John Pittman, junior accounting major, started investing in the stock market over winter break and has invested in GameStop, AMC and BlackBerry since the beginning of January. Pittman said he started investing as a means to make some extra money, and his investments are seeing great returns.