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A meme stock is a stock that gains popularity among retail investors through social media. The popularity of meme stocks is generally based on internet memes shared among traders, on platforms such as Reddit's r/wallstreetbets. Investors in such stocks are often young and inexperienced investors.
Chief among them is Steven Huffman, Reddit’s cofounder and CEO, who plans to sell 500,000 shares. Huffman could make $17 million if the IPO prices at $34. He'll have 3.3% voting power after the ...
r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. It has become notable for its colorful and profane jargon, aggressive trading strategies, and for playing a major role in the GameStop short squeeze that caused losses for some US firms and short sellers in a few days in early 2021.
Yuvraj Malik. May 17, 2024 at 12:54 PM. By Yuvraj Malik. (Reuters) -Shares of Reddit rose 13% on Friday, following a partnership with artificial intelligence firm OpenAI that is expected to boost ...
Reddit (/ ˈ r ɛ d ɪ t /) is an American social news aggregation, content rating, and forum social network. Registered users (commonly referred to as "Redditors") submit content to the site such as links, text posts, images, and videos, which are then voted up or down by other members.
The Reddit poster admitted her boyfriend didn’t believe so. “A few weeks ago, my (21F) boyfriend (27M) surprised me with a first-class ticket for a long-haul flight,” she started.
This is a list of current heads of state and heads of government.In some cases, mainly in presidential systems, one leader is head of state and head of government.In other cases, mainly in semi-presidential and parliamentary systems, the head of state and the head of government are different people.
The founder of Archegos Capital Management, a hedge fund that collapsed in 2021, was convicted Wednesday of securities and market manipulation fraud in a scheme that prosecutors said cost global ...