As Trading Frenzies Grip Penny Stocks, Criticism of Nasdaq Grows
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 23 2024
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Source: WSJ
- Nasdaq: Nasdaq is known as the stock exchange for many successful companies and is home to Bit Brother.
- Bit Brother: A China-based company that shifted from selling tea products to cryptocurrencies in 2021.
- Stock Performance: Bit Brother's shares have plummeted over 99% since the start of 2020, even after three reverse stock splits.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
