The drop signaled that the popular WallStreetBets Reddit stock market discussion board may be losing its magic. Feb 3, 2021 What The Surge In GameStop Stock Could Mean For You Independent investors communicating online started purchasing GameStop shares, driving up the price. AMC Theaters, ...
It's unclear if a rush of traffic was the only reason for Reddit going down, but the site was down for nearly an hour before finally stabilizing at 4:52 p.m. ET. People crashed Reddit as GameStop stock soared. Credit: https://www.redditstatus.com/ ...
"We're in a higher interest rate environment, which is of course effecting the consumer and as we see rising credit card debt," Simonetti said. "The Fed is most likely to wait for the CPI number to get closer to their [2%] target data before they are going ...
“I dumped my savings into GME, paid my rent for this month with my credit card, and dumped my rent money into more GME (which for the people here at WSB, I would not recommend),” a Reddit user with the handle sauron wrote on Thursday on WallStreetBets. “And I’m holding. This...
Carbon capture companies aren't widely investable, but decarbonization stocks and funds give you options. Matt WhittakerMarch 31, 2025 8 Free Investment Classes for All Ages Financial literacy is needed now more than ever, and these free investing classes provide quality instruction. ...
who goes by "DeepF---Value" on Reddit and "Roaring Kitty" on YouTube and X, posted a screenshot of his portfolio on Monday, showing the value of his common stock alone jumped to $140 million from $115.7 million as of Friday's close. The post could not be independently verified by ...
As of now, there's no real concrete ruling that GameStop is a classic case of a pump and dump scam. With GameStop, many retail investors, especially those tuned into theWallStreetBetssubreddit, say they bought up the company's stock because they wanted tosqueeze hedge funds that ha...
So what would Buffett say if you were among the scores of investors who made tens of thousands of dollars in profits — or even millions, if you believe some reports— when the recent, Reddit-fueled rally caused GameStop and AMC Theaters stock prices to soar? Here’...
I’ve mostly ignored the Gamestop noise as I didn’t see any actionable takeaways, but then I saw thisReddit postconflating gambling winnings with paying off student loan debt. This is the same as saying that you bet $10,000 on the Super Bowl, and then used the proceeds to pay off ...
the Reddit forum that spurred the meme-stock craze three years ago, jumped in pre-market trading on Tuesday. Among them are movie-theater operator AMC Entertainment, whose shares soared 31%, and BlackBerry, with a 12% gain. GameStop shares spiked 60%.The resurgence of the meme stock phe...