6 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

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