Meme-Stock Cycles Get Shorter as Margin Loans Surge in Korea bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) South Korean retail investors are cycling through meme stocks so quickly that it’s alarming regulators.Most Read from BloombergAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersChina’s Worsening Economic Slowdown Is Rippling Across the GlobeGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money Manager3M Agrees to Pay More Than $5.5 Billion Over Combat EarplugsStocks Grind Higher at Start of Busy Economic Week: Markets WrapIn the span of