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Reddit stock's stellar market debut has drawn significant bearish bets against the social media forum in its first few days of trading, data from analytics company Ortex on Wednesday showed. Based ...
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 ...
Shares of social media platform Reddit (NYSE: RDDT) went up 17.8% in June, according to data provided by S&P Global Market Intelligence. It was an interesting month for sure, considering there ...
Reddit will enter a new era as a publicly traded company with a market value of $6.4 billion after the social media platform's initial public offering was priced at $34 per share. The price ...
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 ...
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 ...
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]
Reddit’s recent debut in the public market saw shares skyrocketing by 48% that day. ... While the average annualized stock market sits as 10.26% as of 2023, most of those returns have come from ...