Business

How a social media frenzy surrounding Credit Suisse has beaten its stock


A buzzing online chorus has set their sights on one of Switzerland’s biggest banks in recent days, helping to spark wild trading and stoking fears that the institution, Credit Suisse Group AG, is facing financial trouble.

For banks and investors, the rapidly spreading rumors serve as a reminder of how influential online forums can now be on financial markets — almost two years after the individual investors group together on social media to promote the sharing of GameStop Corp to the top defying gravity.

news7f

News7F: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button