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On January 27, r/wallstreetbets triggered a short squeeze on AMC Theatres (ticker symbol: AMC), a company in a similar position to GameStop. [38] The value of AMC Networks (ticker symbol: AMCX) also increased significantly, which was believed to have happened because of the stock's name being similar to AMC's. [ 39 ]
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.
Keith Gill. Keith Patrick Gill[ 1] (born 1986) is an American financial marketer and educator [ 2] and individual investor known for his posts on the subreddits r/wallstreetbets and r/SuperStonk. [ 3][ 4] His analyses of GameStop stock ( NYSE : GME) and details of his resulting investment gains—posted on Reddit under the username ...
GameStop was the first successful meme stock, according to NerdWallet, which ... he joined Reddit and began posting on the popular investing community r/WallStreetBets. He shared his thoughts ...
— wallstreetbets (@wallstreetbets) June 20, 2024 Since euphoria upon Roaring Kitty's reappearance propelled the stock as high as $48 earlier this month, it has relinquished almost all of its gains.
In late 2020 and early 2021, a group of ragtag retail investors—using r/WallStreetBets, a Reddit forum for trading stock tips, as their rallying point—nearly toppled the financial establishment.
Dumb Money. Dumb Money is a 2023 American biographical comedy-drama film, directed by Craig Gillespie and written by Lauren Schuker Blum and Rebecca Angelo. It is based on the 2021 book The Antisocial Network by Ben Mezrich and chronicles the GameStop short squeeze of January 2021.
GameStop’s stock surged as much as 75% earlier in the day before parings its gains. ... Gill was one of the main posters on the WallStreetBets subreddit — a thread where Reddit users can post ...