Until Wednesday’s Opening Bell for Nasdaq markets, Beasley Media Group was trading in the $4-$5 range, under a narrative that the company founded by the late George Beasley and run today by his daughter, Caroline Beasley, was under severe financial strain.
As the Closing Bell approached, it became very clear that “meme stock” players on social media — the very merrymakers that gave GameStop its historically inexplicable stock surge from $4.71 to $81.25 in January 2021 — were driving “BBGI” to unfathomable heights.
