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Reddit's stock had a bombastic first trading session on the NYSE. Could investors be witnessing the birth of a new meme stock? Reddits IPO price of $34 per share had valued the company at $6.5 ...
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 ...
They’re also wondering if Reddit could be the next meme stock, which could prove lucrative or disastrous. Communities on Reddit like r/WallStreetBets have left a lasting impact on the stock ...
3mon
Clownfish TV on MSNReddit Stock Crashes 40%—Is Meme Magic Fading Fast?Reddit stock closed at a rough $133.98 on March 7, 2025—a major nosedive from its February high of around $225. What’s ...
Reddit Inc.’s stock-trading enthusiasts made ... forum — which boasts around 15 million users and helped popularize meme stocks like GameStop Corp. — voted to boost a forum post about ...
As Reddit prepares to go public, the social-media company issued an unusual warning to investors. Redditors set off the mania that caused stock prices to go wild for GameStop and other companies.
As Reddit prepares to go public ... the closure of a once-successful hedge fund Melvin Capital. With that the meme stock phenomenon was born. In the fallout from the GameStop saga, Redditors ...
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 ...
Lately I’ve been thinking about the singular role Reddit plays in how our memes are made—and how, in the age of artificial intelligence, what’s posted on Reddit might become alarmingly ...
Reddit Chief Executive Steve Huffman recently went public with his own experience in describing how people use the social-media platform. “They might turn to r/stopdrinking for help quitting ...
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