Where: Ecoonomia, ‘The Evolution of WallStreetBets: A Look into the High-Risk Trading Phenomenon’
Who: Yubo Kou and Xinning Gui, assistant professors in the Penn State College of Information Sciences and Technology (IST), Sam Moradzadeh, doctoral student in the College of IST
What: Research by Kou, Gui, and Moradzadeh was featured in a story about the impact of WallStreetBets on fiscal markets and the risks associated with this style of trading. According to the researchers, the appeal of WallStreetBets to millennials is associate with the money struggles faced by younger generations.