Meme Stock Mania

Research by Visiting Professor Lin Peng, Director of Research at the Faculty of Economics, and Fellow of Darwin College, has been quoted in the Financial Times. Professor Peng and her co-authors analysed a vast digital database about stock trading flows and social media networks to study the phenomena of so-called “lottery stocks”, where hype on social media and online fora cause drastic price increases in very short amounts of time.  

Link to the Financial Times article:

https://www.ft.com/content/505ce28d-3b46-4f53-8e7e-0262bba11d2e 

Professor Lin Peng’s page (Economics Faculty website): 

https://www.econ.cam.ac.uk/people/faculty/lp604