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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 ...
Keith Gill. Keith Patrick Gill[ 1] (born 1986) is an American financial marketer and educator [ 2] and individual investor known for his posts on the subreddits r/wallstreetbets and r/SuperStonk. [ 3][ 4] His analyses of GameStop stock ( NYSE : GME) and details of his resulting investment gains—posted on Reddit under the username ...
The founder of r/WallStreetBets, a reddit forum for retail traders to discuss stocks and options, had some advice for the community: The best financial education comes from the school of hard knocks.
Tesla’s forward price-to-earnings ratio, which divides next year’s estimated earnings per share by the current share price, is 97.1x, according to Yahoo Finance data. Our Chart of the Week ...
Investment banking revenue at the five big banks with sizable Wall Street operations fell by an average of 9% last year. The portion of these fees tied to advice given on mergers or acquisitions ...
Meme stock. 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]
Tesla CEO Elon Musk has launched a poll asking users on social media platform X whether the electric carmaker should invest $5 billion in his artificial intelligence startup xAI - with early votes ...
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