/biz/ - Business & Finance

>>19595751

Retail investors on Robinhood have pushed the price of Hertz up 800%, despite the fact that the company is bankrupt and the stock is completely worthless. It sounds like something which you would read about in a history book about tulip mania or the Great Depression.

https://www.zerohedge.com/markets/bankrupt-hertz-stock-soars-100-relentess-flood-retail-daytraders

https://www.zerohedge.com/markets/market-cap-bankrupt-hertz-approaches-1-billion-amid-unstoppable-flood-retail-buyers

Meanwhile, a cap on yields could be coming as early as Wednesday:

https://www.zerohedge.com/markets/sudden-sharp-spike-yields-will-cause-stock-market-correction

https://www.zerohedge.com/markets/bonds-are-trading-if-yield-curve-control-already-here

https://www.zerohedge.com/markets/yield-spike-sparks-calamity-quant-funds-macro-managers-massacred-market-meltup

>>19581820

Retail investors on Robinhood pushed the price of Hertz up 100%, despite the fact that the company is bankrupt and the stock is completely worthless. It sounds like something which you would read about in a history book about tulip mania or the Great Depression.

https://www.zerohedge.com/markets/bankrupt-hertz-stock-soars-100-relentess-flood-retail-daytraders