r/stocks The second-largest subreddit community on investing, r/stocks’ 2.8 million. But there’s another aspect that’s empowering. As one highly-rated post put it, The name of the subreddit is WallStreetBets.
#Reddit wallstreetbets update
“And that’s not the content that we want on Reddit. r/wallstreetbets Join 2 days ago WeWork (2021 - HULU), WeCrashed (2022 - APPLE), WeSoBack (2023 - NETFLIX) 267 205 r/wallstreetbets Join 19 days ago PYPL 500K YOLO UPDATE 1 1 / 3 462 114 r/wallstreetbets Join 17 days ago The Last time Dow Jones Industrial Average had 13 green days in a row was the year 1987. And, indeed, much of it is,” Huffman said. In the interview, Huffman also touted Reddit’s forum-moderation system and said the company will continue to allow pornography on its platform, as long as it’s not exploitative. “Because Reddit is a growing business, it’s extremely high risk, and so that’s enough risk for me personally.” Some of the stocks presently popular on the 10-million strong Reddit platform WallStreetBets include Activision Blizzard, Inc. “No, in my personal life I’m very conservative financially,” he said. One short seller after another was burned by the meme-stock crowd back in early 2021 as amateur investors banded together on forums like Reddit’s WallStreetBets to bet against Wall Street pros. The Last time Dow Jones Industrial Average had 13 green days in a row was the year 1987. When they found out about the short sellers intentions, Redditors. “In WallStreetBets you see a community, among many things, that is breaking in - or trying to break through - into that establishment.”Īt last week’s hearing, Huffman went as far as to say Reddit is one of the best places to get financial advice, “because it has to be accepted by many thousands of people before getting that vote of visibility.”īut when asked by Axios if he takes any financial advice from Reddit forums, Huffman said he did not. Most Anticipated Earnings Releases for the week beginning March 1st, 2021. Unfortunately for them, day traders on Reddits r/wallstreetbets subreddit had other plans. In an interview with “Axios on HBO” that aired Sunday night, Huffman expanded on the role of WallStreetBets: “That community exposed a gap between those who have access to the financial markets and those who are on the outside,” he told Axios.
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