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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.
In January 2021, a short squeeze of the stock of the American video game retailer GameStop and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. Approximately 140 percent of GameStop's public float had been sold short, and the rush to buy shares to cover those positions ...
March 3, 2022. ( March 3, 2022) Gaming Wall St is a documentary television miniseries directed by Tobias Deml and narrated by Kieran Culkin. [1] [2] The two-episode series was released on March 3, 2022 on HBO Max. It explores the causes that lead to the 2021 GameStop short squeeze, and the dark underbelly of Wall Street that the phenomenon ...
Cinema chain AMC dropped 7.7%, after rising 135% in the past two sessions, while video game retailer GameStop fell 10% after hitting its highest level since June 2021 on Tuesday.
The retail trading community continues to move stocks more than a year after the initial meme stock mania in early 2021. The founder of r/WallStreetBets, a reddit forum for retail traders to ...
AMC Entertainment bounced back on Friday morning, with the nation’s largest cinema chain seeing its stock price rocket 60% higher to $13.91 per share. The huge jump comes after Robinhood, the ...
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] Investors in such stocks are often young and inexperienced investors. [6]
These are the company's first quarter results compared to consensus estimates by Wall Street analysts. Adjusted (loss) per share: - .52 versus -.62 estimated Revenue : $785.7 million vs $769.88 ...
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