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Reddit—an online network where users independently establish and grow communities based on topics or interests—debuted on the New York Stock Exchange this week initially priced at $34 a share.
Known as "Roaring Kitty" on YouTube and "DeepF***ingValue" on Reddit's popular WallStreetBets, Gill was a key figure in the so-called "Reddit rally", in which GameStop stock surged 1,600% at one ...
In this article, we discuss the 10 most-shorted stocks Reddit’s WallStreetBets is paying attention to. If you want to skip our detailed analysis of these stocks, go directly to the 5 Most ...
r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. It has become notable for its colorful jargon, aggressive trading strategies, stories of extreme gains and losses acquired in the stock market, and for playing a major role in the GameStop short squeeze that caused significant losses for a number of US hedge funds and ...
A meme stock is a stock that gains popularity among retail investors through social media. [1] [2] [3] The popularity of meme stocks is generally based on internet memes shared among traders, [4] on platforms such as Reddit's r/wallstreetbets. [5]
On January 27, 2021, technology news website Mashable reported that the r/wallstreetbets subreddit had received 73 million page views in 24 hours –– breaking all-time traffic records. [20] On January 29, the community surged by 1.5 million users overnight –– to a total of 6 million users –– making it the fastest-growing subreddit at ...
In this article, we discuss the 10 biggest hedge fund casualties of Reddit WallStreetBets’ short squeezes. If you want to skip our detailed analysis of these hedge funds, go directly to the 5 ...
A GameStop store in a mall. In September 2019, Gill, under the username "u/DeepFuckingValue", posted on the subreddit r/wallstreetbets a screenshot of a trade consisting of a roughly $53,000 long position in GameStop; [8] Gill's Reddit posts and YouTube videos argued (through both fundamental and technical analysis) that the stock was undervalued. [3]