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Showing 1 - 3 of 3 results for "WallStreetBets"

Social media, news addiction cost returns: Morningstar

KARREN VERGARA  |  MONDAY, 17 JUN 2024
... formidable influence of social media platforms on share prices thanks to retail investors gathering on Reddit's WallStreetBets to make big bets on the company, spawning what otherwise became known as a meme stock. A 2022 study of investors on the ...

Data shows WallStreetBets created losses

ELIZABETH MCARTHUR  |  THURSDAY, 13 JAN 2022
New data has found that in 2021 stocks recommended by Reddit's popular WallStreetBets (WSB) community resulted in more losses than returns. The data was compiled by European trading platform Capital.com, and suggests relying on advice in the WSB forum ...

Investors going in blind: Research

ANNABELLE DICKSON  |  THURSDAY, 28 JAN 2021
... over 600% in the last week in a bid to short-squeeze hedge funds. The amateur investors, using the Reddit forum WallStreetBets, are reportedly targeting hedge fund Melvin Capital Management for putting a hefty short position on the stock and leaving ...
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