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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 ...
Tuesday morning, AMC announced it had raised $250 million off the run-up in its stock value from the near-doubling of its share price Monday (though it was just $3 to $5 per share). It's likely ...
Shares of AMC ended up 11.1%, while Reddit shares were up 2.9%. MAY'S MEME RALLY GameStop raised $933 million by selling shares to cash in on a meme stock rally last month, when the stock doubled ...
Internet platforms like Reddit have become all the rage in the finance world over the past few months as retail […] In this article, we discuss the 10 Reddit WallStreetBets stocks that are ...
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]
In late 2020, Gill became renowned for his stock market advice on YouTube and the subreddit Wall Street Bets. In particular, he advised his fellow investors to buy GameStop shares, believing that ...