Palantir has been doing a lot to ‘rebuild the American industrial base,’ says Palantir’s Shyam Sankar watch now watch now VIDEO04:54 It’s an ‘eyes wide open market’ with more upside ahead, says Morgan Stanley’s Sherry Paul watch now watch now VIDEO03:32 Only two o...
Two months in,Reddit(NYSE:RDDT) stock is considered a successful initial public offering. The stock opened at $47 per share and closed at around $50 per share, marking the first IPO of a social media site sincePinterestdebuted five years ago. Now Reddit trades at $54 a stub and has had...
many are using the news of the site’s growing popularity as an excuse to declare its end. “The reddit collapse nears!” jokes Geneusutwerk, “Stock up on funny pictures of cats while you can!” Wise words, but I think we have some time before Reddit ceases to be a major player in...
surged to a peak of several hundred dollars per share in a matter of days. This unprecedented spike was primarily driven by activity on the r/WallStreetBets subreddit, where retail investors banded together to buy the stock en masse and squeeze short-sellers who had bet against the company...
where the meme stock platform becomes a meme stock itself. AsGizmodopoints out, this possibility has become quite the conundrum for members of the WallStreetBets community. Some Redditors worry that the company might try to "monetize the shit" out of the subreddit once it hits the stock ...
An ETF is a tradeable fund, containing many investments, generally organized around a strategy, theme, or exposure. That approach could be tracking a sector of the stock market, like technology or energy; investing in a specific type of bond, like high-yield or municipal; or tracking a mark...
Reddit has some wind in its sails this week:The company's stock was up 48%following the first day of its initial public offering, and while that number came down a bit the second day, it seems the markets like Reddit as a stock.It even opened up the IPO to Redditors themselves, whi...
The stock’s upside momentum accelerated last week. In fact, shares ofGameStopsurged as much as 20% on March 23 after billionaire and GameStop Chairman Ryan Cohen disclosed he invested through his investment firmRC Venturesanother $10 million in the game seller. The news prompted Reddit’s mem...
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it’s a very good return since you didn’t have to accept anyriskwhatsoever. If that 2 percent figure came after you spent the past year following Reddit forums to chase the latest meme stock, your return doesn’t look so good. You had to accept loads of risk while likely losing lots...