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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 ...
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]
By the way, if you do want to pay a membership fee, try joining one of the warehouse clubs like Sam's or Costco. Peter Hoagland, a consultant from Warrenton, Virginia, swears by his Costco Visa ...
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 subreddit r/wallstreetbets and the subreddit r/SuperStonk. [3] [4] His analyses of GameStop stock ( NYSE : GME) and details of his resulting investment gains—posted on Reddit under the username ...
June 26, 2024 at 4:43 PM. A federal judge on Tuesday rejected a $30 billion antitrust settlement under which Visa and Mastercard agreed to limit fees they charge merchants that accept their credit ...
Credit card rewards allow you to earn on every purchase; the standard rate is typically 1%. However, many rewards credit cards have bonus categories that let you earn more. Depending on the card ...
Babbage's (1980–1994) GameStop traces its roots to Babbage's, a Dallas, Texas-based software retailer founded on August 20, 1980 by former Harvard Business School classmates James McCurry and Gary M. Kusin. [4] The company was named after Charles Babbage [5] and opened its first store in Dallas's NorthPark Center with the help of Ross Perot ...
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