Etch A Sketch gets a bump in the markets
This final note today, which is kind of mind-boggling when you think about it.
Shares of a company called Ohio Art closed up 141 percent yesterday — 141 percent.
Why? Not for some amazing new breakthrough. Not for some incredible new product.
No, just ’cause it has the great good fortune to be the parent company of Etch A Sketch, which got all kinds of buzz yesterday when it became the political prop of the day in the GOP primaries.
Never trust the markets. That’s all I’m sayin’.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.