FlowBank

1106 days ago • Posted by William Ramstein

Reddit-boosted penny stock IOUPay reverses climb

IOUPay was compared to US videogame retailer GameStop corp. on reddit and surged 6'400% in the past year. The company, a buy now pay later business, is currently showing a fall from grace as illustrated in the graph. The company faces stiff competition from Australian rival Afterpay in the Southeast Asian region.

Source: Bloomberg

#Stocks
bg_newsletter