Media Outlet:
The Washington Post Publication Date:
Description:
In an opinion piece for The Washington Post, Prof. Sinan Aral discusses the rise of GameStop stock and the real-world impact of social media. “The past week’s events exposed several potential sources of economic instability,” writes Aral. “If the social media crowd’s opinion alone drives market value, the market goes where the herd takes it, without the constraints of economic reality.”