Reddit traders turned GameStop into a market revolt, flipping a dying stock into Wall Street’s worst nightmare — and proving retail power can shake the system.
Reddit traders have set their sights on a new target: Silver. The most actively traded futures contracts for the precious metal climbed to their highest level in almost eight years Monday, extending ...
Investors organizing on social media hit multimillion-dollar paydays as they fought Wall Street over GameStop's share price. Experts say it can't last. Ian Sherr Contributor and Former Editor at Large ...
Wall Street's big bets against GameStop went sour when Reddit traders bet on the company's success instead. Now, billions of dollars are on the line. Ian Sherr Contributor and Former Editor at Large / ...
It’s easy to hazard a guess for why people don’t follow news about Wall Street: It makes us feel powerless in a million different ways all at once. When endlessly confusing financial instruments get ...
GameStop madness — or GameStonk madness, if you prefer — struck again on Wednesday afternoon. GameStop's stock price soared at the end of the trading day, rising more than 100 percent from about $44 ...
Reddit Inc.'s role in the recent stock-trading frenzy has brought millions of new users to the social media platform, its chief executive says, as well as scrutiny to the power of large communities ...
Anyone who has been online in any capacity over the last week has likely been bombarded by a collection of seemingly unrelated words: GameStop, Reddit, “short”, Robin Hood, hedge fund, and Elon Musk.
GameStop GME will probably go down in textbooks as the biggest “assault” on Wall Street in history. And because you’ve probably already read a dozen articles about it, here’s just a quick recap to get ...
“DeepF—ingValue” went deep in the red. The Reddit user who helped spark the explosive rally in GameStop’s stock price said he lost more than $13 million in a single day as the shares crashed. Keith ...
The Reddit-fueled trading phenomenon lifting GameStop, AMC, and other stocks is backed by populist sentiments. Cries to dethrone the establishment and redistribute wealth resemble those seen at Occupy ...
Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. The Reddit/GameStop aftermath continues. Now, it’s been reported, ...