Slate Money - DORKs Are Cool Again
This week: The redditors have found a fresh batch of meme stocks. Felix Salmon, Elizabeth Spiers, and Emily Peck examine the so called DORK stocks – Krispy Kreme (DNUT), Opendoor (OPEN), Rocket Mortgage (RKT) and Kohl’s (KSS) among others – and what this resurgence of meme stocks says about the state of the market. Then, the Trump administration’s laissez-faire attitude toward financial regulation has encouraged a return of crypto ventures like Polymarket to the US. The hosts discuss this sea change and whether this lack of oversight will lead to a financial crisis. And finally, CBS says its…
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