Barry Diller (the majority owner of the Daily Beast) commented on the company in April on CNBC’s Squawk Box, comparing it to Game Stop, the famed pandemic-era meme stock. “It’s ridiculous.
It could also describe the meme-stock craze of early 2021. The two events have striking similarities. Both featured celebrity billionaires championing their favorites. Musk tweeted "GameStonk!!" ...