Robinhood. Gamestop. Gamma squeeze. Reddit. Names and jargon that were once the province of obsessive day traders have become the subject of small talk — and the source of major angst — in the last few...
What is happening with Gamestop, Reddit and why you should care
An unexpected culture clash took the masses by surprise this week when stocks for retail stores like GameStop and AMC Theaters unexpectedly climbed after a bunch of Redditors essentially screwed over hedge fund short sellers who misplayed bets in the companies. Confused yet? We got you covered.
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We see you, 2021, literally giving 2020 a run for its money by having the stock market go berserk because of — wait for it — Reddit? The unexpected culture clash took the masses by surprise this week stocks...
Small investors who gathered on the social media platform Reddit sent shares of AMC Entertainment, owners of the world’s largest theater chain, on a wild roller coaster ride this week. The Leawood, Kan.-based...
One would almost expect the iconoclasts who populate online investment forums to appreciate short sellers. After all, both communities are constantly on the prowl for investment opportunities that the...