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The rally call was reportedly organized from r/bursabets, a Malaysian offshoot of r/wallstreetbets named after the Malaysian stock exchange. [ 144 ] [ 145 ] On March 2, Rocket Mortgage saw a more than 70 percent spike in its stock price due to a surge in trading following discussion of the company on r/wallstreetbets , [ 146 ] [ 147 ] but the ...
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.
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]
GameStop, AMC, Reddit, Robinhood, WallStreetBets, Stock Graphs and logos photographed off Apple devices. (STRF/STAR MAX/IPx) (STRF/STAR MAX/IPx)
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.
Piper Sandler will no longer release year-end price targets for the S&P 500 ( ^GSPC) after concluding that the index no longer truly reflects the stock market's performance. In a video interview ...
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.
"I wouldn't expect anything less from our community." Reddit CEO Steve Huffman says he loves ‘meme stock’ communities like r/wallstreetbets—despite some users plotting to sabotage his IPO
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