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A space for sharing and discussing news related to global current events, technology, and society.
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© 2020 Relevant Protocols Inc.
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'Shares of GameStop shot up 400 percent last week, egged on by the Reddit forum r/WallStreetBets. The online community rallied to drive up the stock price and put the squeeze on big hedge funds who had bet against the struggling video game retailer. Reddit chief executive Steve Huffman — who calls r/WallStreetBets one of his “guilty pleasures” — described this as “the online stock-betting equivalent of, like, jumping off a cliff into a river.”' ?
'Shares of GameStop shot up 400 percent last week, egged on by the Reddit forum r/WallStreetBets. The online community rallied to drive up the stock price and put the squeeze on big hedge funds who had bet against the struggling video game retailer. Reddit chief executive Steve Huffman — who calls r/WallStreetBets one of his “guilty pleasures” — described this as “the online stock-betting equivalent of, like, jumping off a cliff into a river.”' ?
Reddit chief executive Steve Huffman — who calls r/WallStreetBets one of his “guilty pleasures” — described this as “the online stock-betting equivalent of, like, jumping off a cliff into a river.”
Reddit chief executive Steve Huffman — who calls r/WallStreetBets one of his “guilty pleasures” — described this as “the online stock-betting equivalent of, like, jumping off a cliff into a river.”
>"Steve Huffman on the subreddit causing chaos on Wall Street."
>"Steve Huffman on the subreddit causing chaos on Wall Street."
"I'm not even sure what gates we would put in place," says Reddit CEO Steve Huffman, on whether WSB investors need protection. Also: "They are not foolish. This is not their first rodeo."
"I'm not even sure what gates we would put in place," says Reddit CEO Steve Huffman, on whether WSB investors need protection. Also: "They are not foolish. This is not their first rodeo."
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