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One of the original so-called “meme stocks,” which fluctuated wildly in price due to day traders who communicated on Reddit, AMC has a beta of 2.11. The stock trades an average volume of 23.39 ...
However, Reddit stocks hail from a variety of industries and market sectors, with market caps of varying sizes. They can range from S&P 500 companies like Tesla to cannabis company Canopy Growth Corp.
Picking stocks is about predicting the future. ... think consumer staples) when times are bad. Today, though, broader forces like tech transformation and geopolitical upheaval have made this model ...
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 ...
Stocktwits is a social media platform designed for sharing ideas between investors, traders, and entrepreneurs. [1] Founded in 2008 by Howard Lindzon and Soren McBeth, it introduced the use of the cashtag, a way to group discussions around a stock symbol preceded by a dollar sign. [2]
Gamestop was still a penny stock on Jan. 12, 2021, when it closed the day’s trading session at $4.99 — just one cent shy of the $5 threshold under which all penny stocks exist. Thanks to ...
The populist trading rally, organized in online forums such as Reddit's WallStreetBets, has helped attract a flood of retail cash into stocks such as GameStop, burned hedge funds that had bet ...
Reddit stock soared on its first day of trading, ending the day up nearly 50% from its initial public offering price of $34 a share.The stock closed at $50.44 on Thursday, up 48% from the IPO ...