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In January 2021, Reddit users on the r/wallstreetbets subreddit built the foundations for a short squeeze on GameStop, pushing up the stock price significantly. [11] This occurred shortly after a comment from Citron Research predicting the value of the stock would decrease. [ 24 ]
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 and profane jargon, aggressive trading strategies, and for playing a major role in the GameStop short squeeze that caused losses for some US firms and short sellers in a few days in early 2021.
GameStop was the most talked about stock on Reddit’s WallStreetBets by far on Monday, with more than 600 mentions in the last 24 hours, surpassing the popular chipmaker Nvidia, according to ...
Dumb Money. Dumb Money is a 2023 American biographical comedy-drama film, directed by Craig Gillespie and written by Lauren Schuker Blum and Rebecca Angelo. It is based on the 2021 book The Antisocial Network by Ben Mezrich and chronicles the GameStop short squeeze of January 2021.
Over the past 24 hours, Faraday Future was the third-most-mentioned stock on Reddit's WallStreetBets forum behind the SPDR S&P 500 ETF and Nvidia , according to web data company Thinknum.
"The fact that this individual bought short-dated call options on GameStop and then tweeted for the first time in forever — knowing full well that these Reddit WallStreetBets folks would then ...
Gill was the ringleader of the band of meme stock investors who in 2021 got together on the Reddit forum r/WallStreetBets and piled into GameStop and a handful of other stocks, including movie ...
Impulse was a digital distribution and multiplayer video game platform acquired from Stardock, and renamed GameStop PC Downloads. Under the ownership of GameStop, the service was redesigned and sold games that use other platforms such as Steam while also selling games that use its own proprietary DRM solution, Impulse:Reactor. [37]