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The coming out party for 50501 was a national anti-Trump rally on Feb. 5. The organizing concept for the protest popped up on Reddit in late January - as a call for 50 protests, in 50 states, on 1 ...
After three years of deliberations, Jaime Rogozinski, the founder of meme stock chat room WallStreetBets, is suing Reddit for wrongly banning him and violating his trademark rights. "Let me be ...
Reddit became synonymous with the meme stock rally of 2021. Now, its stock has become a meme itself. "We are in a very exuberant market," Interactive Brokers chief strategist Steve Sosnick told ...
It is one of the best Reddit meme stocks to monitor. On February 15, Mizuho analyst Dan Dolev raised the firm’s price target on SoFi Technologies, Inc. (NASDAQ:SOFI) to $9 from $6 and maintained ...
As Reddit prepares to go public, its executives have concocted a plan to stay in their most important stakeholders’ good graces. In early 2021, stocks began behaving strangely. Retail investors ...
With social media-driven investments dominating headlines, it was no surprise that Reddit’s most popular meme stocks garnered tremendous interest in 2021. Unfortunately, circumstances have not ...
As far as stocks go, Reddit could be the biggest meme yet. For people like Kukreja, who doesn’t plan to invest in the IPO, the threat of volatile stock shenanigans is a deterrent.
Reddit played an important part in the meme-stock frenzy, but could become a meme stock in its own right Last Updated: March 9, 2024 at 8:35 a.m. ET First Published: March 7, 2024 at 2:30 p.m. ET ...
Reddit Fueled Meme-Stock Mania. Now Its CEO Is Overseeing His Own Company’s IPO. Steve Huffman built the social-media platform nearly two decades ago while in college.
50501 is still rooted on Reddit, where its subreddit r/50501 now counts nearly 280,000 members. But the reach is amplified via Instagram, TikTok, Facebook, and even NextDoor, a site more notable ...