When Reddit traders locked onto GameStop in 2021, Wall Street didn’t just get surprised, it got slapped. A dying mall-stock suddenly turned into the main character, as hedge funds shorting it were ...
The enthusiasm is visible across subreddits. On r/wallstreetbets, user ponnewslo posted about buying $70 call options just before a recent surge, writing: "I bought ASTS 70c in the last 1.5 hours ...
Centene (CNC) shares rose 6.2% from their November 10 low as retail traders on Reddit bought the dip while Wall Street analysts stayed cautious. Centene trades at 0.106 times sales despite 22% revenue ...
Krispy Kreme, GoPro and others have joined Opendoor and Kohl's in the latest meme-stock rally, but traders have needed to move quickly to lock in gains WallStreetBets, the infamous subreddit credited ...
The price of silver surged higher on Monday as the Reddit-fueled boom in highly shorted stocks appears to be spilling over into the metals market. Silver futures rose 8% to at $29.06 an ounce, marking ...