FT Due Diligence

The story behind Jake Freeman’s meme-stock bonanza

Meme-stock mania has raised billions of dollars for companies at the centre of the craze, even if the windfall has done little to boost their performance. But as the FT’s Antoine Gara explains, one meme-stock deal in particular stands out from the others. So just how did a 20-year-old student end up making more than $100mn?

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FT Due Diligence

FT Channels, a partnership destination that combines impactful and enriching multimedia content to spark curiosity and encourage discovery. Each vertical brings expert insights from the Financial Times and our Partners into the most pressing issues of our time.

FT Due Diligence is a video channel analysing the fast-moving world of M&A, illuminating the trends behind the complex global transactions and how to unlock value from acquisition deals. The channel alternates between independent reporting from FT journalists and insight on global dealmaking from law firm Baker McKenzie.