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Robinhood IPO Faces Threat of Retail Snub on Reddit
Robinhood, which helped enable the "meme stock" frenzy earlier this year and later attracted flak for its handling of the trading mania, is facing pushback on social media forums against its initial public offering.
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Gamestop, AMC Short Sellers Sit on Nearly $1 Billion Loss, Analysis Shows
Investors are estimated to have lost $930 million (roughly Rs. 6,790 crores) on their short positions in meme stocks GameStop and AMC Entertainment over the last five trading days, data from financial analytics firm Ortex showed on Tuesday.
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GameStop's Reddit Rally Puts Scrutiny on Social Media Forums
Social media services including Facebook and Reddit restrict discussions about weapons, drugs, and other illegal activity, but their rules do not specifically mention another lucrative regulated good: stocks.
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How US Video Game Retailer GameStop's Stock Went Wild: An Explainer
GameStop, a struggling US video game retailer, has seen its stock surge about 1,000 per cent in two weeks after a group of amateur investors active on the online forum Reddit banded together to fight the Wall Street funds that had pushed its price lower. A surge of retail stock trading over the last year lit the fuse that sent shares of GameStop Co...
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Discord Bans WallStreetBets Investor Coalition for Allowing Hateful Speech
WallStreetBets, the investor coalition that gained fame for boosting stocks from its perch on Reddit, was banned by the communications platform Discord for not doing enough to stem hateful speech.
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Robinhood IPO Faces Threat of Retail Snub on Reddit
Robinhood, which helped enable the "meme stock" frenzy earlier this year and later attracted flak for its handling of the trading mania, is facing pushback on social media forums against its initial public offering.
-
Gamestop, AMC Short Sellers Sit on Nearly $1 Billion Loss, Analysis Shows
Investors are estimated to have lost $930 million (roughly Rs. 6,790 crores) on their short positions in meme stocks GameStop and AMC Entertainment over the last five trading days, data from financial analytics firm Ortex showed on Tuesday.
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GameStop's Reddit Rally Puts Scrutiny on Social Media Forums
Social media services including Facebook and Reddit restrict discussions about weapons, drugs, and other illegal activity, but their rules do not specifically mention another lucrative regulated good: stocks.
-
How US Video Game Retailer GameStop's Stock Went Wild: An Explainer
GameStop, a struggling US video game retailer, has seen its stock surge about 1,000 per cent in two weeks after a group of amateur investors active on the online forum Reddit banded together to fight the Wall Street funds that had pushed its price lower. A surge of retail stock trading over the last year lit the fuse that sent shares of GameStop Co...
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Discord Bans WallStreetBets Investor Coalition for Allowing Hateful Speech
WallStreetBets, the investor coalition that gained fame for boosting stocks from its perch on Reddit, was banned by the communications platform Discord for not doing enough to stem hateful speech.
