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.


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