Reddit

GameStop investors are ‘playing with fire’ say hedge funds

GameStop stock is skyrocketing after the return of ‘Roaring Kitty’

2 min read

Meme stocks take hit as GameStop and AMC suffer rough start to year

GameStop and AMC slump as tech stock rout marks first days of 2022

2 min read

Reed Sherman

A 26-year-old short-seller on the Reddit retail army and shorting in the longest bull market in history

Reed Sherman says most Spacs should never have made it anywhere near a public stock exchange — and sees ESG as ‘as virtue signalling at the highest level’

7 min read

Here’s a surprise — Wall Street is tracking Reddit to see where the market is headed next

'It’s more art than science because it’s uncharted territory'

4 min read

Reddit in fresh funding round triggered by $410m raise from Fidelity Investments

The firm expects to secure additional commitments to bring the total raised to as much as $700m

3 min read

Data from Breakout Point estimated that online chatter about Arrival was around 750% higher on 15 June than at the end of March

Reddit stock-picking army targets Arrival as UK’s first meme stock

Arrival is one the top 10 most popular retail investor stocks, and is soaring after a post on the WallStreetBets forum

2 min read

Adam Aron tweets both serious corporate rationales as well as photoshopped memes that rile traders seeking to drive up the stock and make quick profits.

AMC boss Adam Aron basks in meme-stock spotlight

Cinema chain capitalises on social media-driven frenzy to raise needed cash

6 min read

GameStop to sell 3.5 million shares after Reddit-fuelled trading frenzy

Videogame retailer says it could raise hundreds of millions of dollars from investors to help support its turnaround plan

3 min read

The GameStop saga has prompted EU authorities to review short-selling rules

Short-sellers ‘hung out to dry’ as EU mulls more scrutiny amid GameStop mania

Short-sellers are raising eyebrows at the latest proposal from a European regulator that would raise the hurdles for disclosures of bearish bets

3 min read

Hedge funds slash bearish bets in GameStop aftermath: ‘Wow, this could be me’

Hedge fund bets are now the least bearish since 2010 following the GameStop saga

Amid a GameStop retail army that has piled in to stocks with high short interest, there have been some bright spots for short sellers

These short-sellers are making a killing in defiance of GameStop’s retail army

Some short-focused managers are experiencing a strong start to the year

Steven Maijoor, chair of the European Securities and Markets Authority (ESMA), says business models adopted by Robinhood and others present a conflict of interest

EU regulator to probe zero-commission stock trading: ‘There’s no such thing as a free lunch’

Online brokers' business models may 'incentivise the adoption of risky short-term trading strategies', the ESMA boss said

Melvin Capital says it was short GameStop since 2014

Hedge-fund manager Gabe Plotkin defends short-selling strategy in House testimony

GameStop frenzy fuels SEC to weigh more short sale transparency

House lawmakers meeting Thursday plan to examine the GameStop trading and discuss the dearth of short-sale data

4 min read

The role pays $200,000 and an optional place at a camp at the Burning Man festival

Hedge fund seeks to hire Reddit options trader fluent in memes: ‘No higher education in economics or finance’

The role pays $200,000 with a performance related bonus, a subsidy for psychotherapy and medications, and a spot at the Burning Man festival

3 min read

Steve Huffman, chief executive and co-founder of Reddit

Reddit CEO says WallStreetBets shows ‘the power of large communities’

Steve Huffman said that the GameStop saga showed it’s not just institutional and professional investors who can participate in markets

1 min read

Bank of England ‘watching carefully’ for risks from WallStreetBets craze, says Andrew Bailey

Andrew Bailey said the Bank of England was monitoring the risks from a spike in retail investor activity

4 min read

Here’s how the GameStop saga all began, and here's what could happen next

GameStop’s month of mayhem — Everything you need to know about Reddit, hedge funds and Robinhood

GameStop's shares had risen more than 2,700%, but volatile trading means it's still all to play for on Wall Street

7 min read