Topic: Meme Stocks

1 chapters across the catalog

Jacked Up Joe
Episode 1483 1:52:09 - 1:54:43

1483: Jacked Up Joe

Bed Bath & Beyond CFO Death and Meme Stock Volatility

Gustavo Arnal, the CFO of Bed Bath & Beyond, died after falling from a skyscraper in Manhattan's Tribeca neighborhood. The incident occurred as the company faced financial turmoil and its stock price experienced extreme volatility driven by Reddit-based "meme stock" investors. Arnal had recently been named in a class-action lawsuit alleging a "pump and dump" scheme involving investor Ryan Cohen.