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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 ...
Shares of retail investor favorite AMC Entertainment Holdings Inc nearly doubled in price on Wednesday, extending a breathtaking rally and reinvigorating the meme stock phenomenon that has ...
Here are the most discussed companies on r/WallStreetBets: Rocket Companies Inc (NYSE: RKT): The parent of Rocket Mortage and Quicken Loans, shot up over 71.19% on Tuesday at $41.60 but cooled ...
These new retail investors have broadened their exposure beyond popular meme names such as GameStop and AMC (), which dominated Robinhood trading accounts in 2021.. The latest Robinhood Investor ...
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]
Democratic Rep. Elissa Slotkin is using her fundraising advantage in the race for Michigan’s coveted open U.S. Senate seat to drop $8 million on advertising in the final weeks leading up to the ...
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