Google searches for ‘Pelosi stock trades’ hit a record high earlier this month as users on social media platforms including Twitter, Reddit, Youtube and TikTok scrutinize her investments, believing the U.S. Speaker of the House may have an edge on Wall Street.
Discussion of Pelosi’s trades is a recurring theme on social media including ‘wallstreetbets’, the Reddit forum where retail investors banded together a year ago to coordinate frenzied buying of video games retailer GameStop (GME.N) and other companies, which eventually became known as meme stocks.
Trade disclosures filed by Pelosi, a multi-millionaire, are shared widely across social media soon after they appear on the House website. Companies she disclosed trades in last year include Apple (AAPL.O), Amazon , Tesla (TSLA.O) and Microsoft (MSFT.O).
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