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Reddit ( RDDT) stock soared on its first day of trading, ending the day up nearly 50% from its initial public offering price of $34 a share. The stock closed at $50.44 on Thursday, up 48% from 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 jargon, aggressive trading strategies, stories of extreme gains and losses acquired in the stock market, and for playing a major role in the GameStop short squeeze that caused significant losses for a number of US hedge funds and ...
Snoo, mascot of Reddit Inc., rings the opening bell during the company's initial public offering (IPO) on the floor of the New York Stock Exchange on Thursday, March 21, 2024.
In April 2007, a rumour was confirmed on the Swedish talk show Bert that The Pirate Bay had received financial support from right-wing entrepreneur Carl Lundström. This caused some consternation since Lundström, an heir to the Wasabröd fortune, is known for financing several far-right political parties and movements like Sverigedemokraterna and Bevara Sverige Svenskt (Keep Sweden Swedish).
Reddit became synonymous with the meme stock rally of 2021. Now, its stock has become a meme itself. Reddit stock ( RDDT ) popped more than 12% on Tuesday and has rallied more than 30% since its ...
2021 financial markets event. In January 2021, a short squeezeof the stockof the American video game retailer GameStopand other securitiestook place, causing major financial consequences for certain hedge fundsand large losses for short sellers. Approximately 140 percent of GameStop's public floathad been sold short, and the rush to buy shares ...
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Reddit ( / ˈrɛdɪt /) is an American social news aggregation, content rating, and forum social network. Registered users (commonly referred to as "Redditors") submit content to the site such as links, text posts, images, and videos, which are then voted up or down ("upvoted" or "downvoted") by other members. Posts are organized by subject ...