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#REDDIT WALLSTREETBETS MOVIE#
Meanwhile, the sharp rally in struggling movie theater chain AMC Entertainment caused billions of dollars in losses for short-sellers in May and June.Īs traders look to replicate the success of WallStreetBets stocks, one data aggregator is compiling the most mentioned stocks on Reddit's forum. /r/wallstreetbets is a community for making money and being amused while doing it. Members of the group Wall Street Bets have formed a snowballing. The Last time Dow Jones Industrial Average had 13 green days in a row was the year 1987. GameStop's short-squeeze, in-part led by the WallStreetBets crowd, led to a more than 50% drawdown in multibillion dollar hedge fund Melvin Capital. One short seller after another was burned by the meme-stock crowd back in early 2021 as amateur investors banded together on forums like Reddit’s WallStreetBets to bet against Wall Street pros. Ben Winck WallStreetBets Retail investors on Reddit are boosting GameStop shares in defiance of hedge funds and investing norms. Or, realistically, a place to come and upvote memes when your portfolio is down. AMTD Digital: This little-known stock is up 21,000 as Reddit investors pile on from Wallstreetbets CNN Business Breaking News At least six people have died so far as a result of fires in. T-shirts, posters, stickers, home decor, and more, designed and sold by independent. Choosing Post Flair Important Rules for Frequent Submitters WSBVoteBot Guide The WSB FAQ /r/wallstreetbets is a community for making money and being amused while doing it. Strong demand for stocks with shaky fundamentals has led to several hedge fund blowups that were caught on the opposite side of the trade betting against the company in question. High quality Reddit Wallstreetbets-inspired gifts and merchandise. Create an account to follow your favorite communities and start taking part in conversations. Following which stocks Reddit's WallStreetBets crowd is talking about this year has paid off, as several have gone through epic rallies and seen heightened volatility.įrom GameStop in January to AMC Entertainment in June, the 11 million-member forum has driven the conversation in so-called meme stocks that have exploded higher amid overwhelming demand from retail investors.
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