What were the companies capturing mainstream attention in 2021?
The year started with a market’s version of bread and circus as an unforgettable stock frenzy unfolded in January.
Robinhood is at the top of the list of companies capturing mainstream attention in 2021
A combination of lockdowns,stimulus cheques, and millions of people not having much to do led to a retail trading bonanza. What followed was something unparalleled, as a revolutionary generation of young traders grouped on social media to take on the hedge fund moguls with not much more than time cheques strapped to their backs and won.
“The year started with a market’s version of bread and circus as an unforgettable stock frenzy unfolded in January”
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Lockdowns, free money, and technological advancements in social media and online low-cost retail broking gave birth to a new type of investor, the Apes
The Apes, which are retail investors, decided to group and buy stocks in companies that were on the brink of bankruptcy and that hedge funds were heavily shorting and very likely to make millions from the stock price collapse.
GameStop and AMC Entertainment were also companies capturing mainstream attention in 2021 as Apes grouped on social media with a simple and effective plan; keep buying until a short squeeze is triggered
With the battleground in meme stocks like GameStop and AMC Entertainment Apes grouped and bought stocks in these companies. The buying frenzy sent prices higher, forcing hedge funds to pay up margin calls on their highly leveraged short positions or liquidate at a loss, which many hedge funds were forced to do at a loss of six billion US dollars. Some hedge funds were forced to close. Apes also suffer casualties, with some posting their losses as an honorable war on Wall Street. For the Apes, it was not all about the money it was about payback.
Is there anyone in the room who thinks that UBI will have no impact on society?
“The Apes, which are retail investors, decided to group and buy stocks in companies that were on the brink of bankruptcy and that hedge funds were heavily shorting and very likely to make millions from the stock price collapse”
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This year also saw a race to secure vaccinations, with pharmaceutical giants Pfizer, AstraZeneca, and Moderna being among the companies capturing mainstream attention in 2021
Moreover, the companies able to produce efficient vaccines saw the biggest benefits, like pharmaceutical giant Pfizer. The company’s COVID-19 vaccine, made in partnership with German firm BioNTech, ended up becoming the world’s most-preferred vaccine to fight the pandemic.
It was also a pivotal year for cryptocurrencies, with the cryptocurrency exchange, Coinbase going public, and being one of the companies capturing mainstream attention in 2021
Prices reached new highs, and institutions and retail investors alike poured into the market.
With its user-friendly app and focus on security, Coinbase was well-positioned to benefit from this surge in interest. The exchange started the year by more than doubling its transacting user base as Bitcoin prices shot to new heights.
“Time magazine has named Musk the most influential person of 2021” – Win Investing
Social media companies capturing mainstream attention in 2021 include Facebook/Meta, TikTok, and Reddit, which has an investment bias.
Elon Musk, new world order poster child, companies, Tesla and SpaceX capturing mainstream attetion in 2021
So much so that Time magazine has named Musk the most influential person of 2021.
