GameStop stock frenzy spreads to Malaysia as amateur traders target glove makers

Shares of Top Glove Corp jumped as much as 15 per cent on Friday, the most since Sept 11. - Reuters

KUALA LUMPUR (Bloomberg): The manic ride in GameStop sparked by American amateur traders on Reddit has inspired some Malaysians to form a similar group targeting shares of glove makers -- one of Asia's hottest pandemic trades in 2020.

The online community by the name of Bursabets was created on Thursday (Jan 28) and is already boasting more than 4,800 members.