Also Read: GameStop Movie in the Works at Netflix, Mark Boal in Talks to WriteLed by cadre of Reddit stock traders, who were attempting to stick to Hedge Funds who were shorting the stock price for the gaming retail company, the past few weeks saw heavy trading that inflated GameStop’s stock market value by as much as 1,500%, before it came crashing back to earth.
The heavy trading is all thanks to WallStreetBets, a subreddit founded in January 2012 as a meeting place for both new and experienced investors to network and also talk about their bets (as in, what’s good, what to hold, etc).
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