IRIS Social Stock App Creates Transparency in Trading

In this episode of Inspiring Minds, alumni Chris Josephs '18 VSB and Ryan Mazzie '18 VSB talk with Assistant Professor of the Practice Keith Wright, Accounting & Information Systems, about their highly successful tech start-up and the mindset of younger investors, who are used to sharing their entire lives online, including what stocks they buy and how much they pay. In January of 2021, Wall Street hedge funds bet that they could drive down GameStop’s stock price. The Reddit “hivemind” had other ideas. This is perhaps the best example of the way social media has changed the day trading landscape, as zero-commission trades and apps like IRIS have altered the Millennial and GenZ trading landscape forever.