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REDDIT MARKET FRENZY
US Stock Market: Retail investor rush sends Wendy's stock soaring on heavy trading volumeWendy's shares experienced a dramatic surge, climbing nearly 29% as retail investors flocked to the struggling fast-food chain. This rally,...- SpaceX becomes world's 7th most valuable company after blockbuster market debutSpaceX’s record-breaking IPO debut lifted its valuation above $2 trillion, making it one of the world’s most valuable companies. Strong inv...
- US stocks today: Nasdaq, S&P 500 hit fresh highs as US market extends gains after best month in yearsWall Street's major indexes opened higher on Friday, extending their strongest monthly gains in years. Investor confidence in robust earnin...
- GameStop hits 2021 high as return of 'Roaring Kitty' rekindles meme stock maniaTrading in GameStop was halted multiple times within minutes of market open due to volatility as the stock hit its highest level since June...
- Reddit's strong forecasts spark share surge after first results since IPOThe earnings report - the first since Reddit went public in March - also included a revenue forecast for the current quarter that was above...
- Reddit taps Morgan Stanley, Goldman Sachs for IPOReddit had confidentially filed for an IPO in December and is aiming for a valuation of over $15 billion at the time of its flotation. It w...
- Reddit taps Morgan Stanley, Goldman Sachs for IPOReddit had confidentially filed for an IPO in December and is aiming for a valuation of over $15 billion at the time of its flotation. It w...
- Reddit seeks to hire advisers for US IPO: SourcesReddit was valued at $10 billion in a private fundraising round last month. By the time the IPO takes place early next year, Reddit hopes i...
- Meme stocks roar back to life with GameStop, AMC catching fireGameStop Corp. surged 13 per cent Monday, its second double-digit rally in three days. AMC Entertainment Holdings Inc. closed 7.5 per cent ...
- Bots hyped up GameStop on major social media platforms, analysis findsPiiQ Media's analysis of Twitter Inc, Facebook Inc, Instagram and YouTube posts, however, found that bots used the platforms to push GameSt...
- GameStop reignites meme stock frenzy with a $7.6 billion surgeThe surge was spurred by a final-hour rally on Wednesday that brought GameStop its biggest advance since Jan. 29, the day Robinhood Markets...
- Reddit raises $250 million in funding, valuation doubles to $6 billionThe funding round was led by venture capital firm Vy Capital.
- Reddit value hits $6 billion after users fueled a stock frenzyReddit intends to spend the cash to develop its advertising business, expand internationally and add video tools, the company said in a sta...
- Retail investors urged to stay away from Gamestop-inspired communitiesRecreating a Gamestop-like 'revolution' is not practical in India for various reasons. Firstly, there exist market position-wide limits and...
- Silver headed towards Rs 72,000/kg in a month? Here's what's driving the precious metalHas there been a change in the fundamentals or is it just the speculative mode of investors driving the metal's prices?
- Reddit trading frenzy fades as Yellen summons agenciesMass buying by amateur traders over the past two weeks has driven wild price gyrations in companies that U.S. fund managers had bet against...
- GameStop’s giant bubble deflates further after $27 billion routGameStop, the poster child for Redditors looking to squeeze short sellers, plunged 60 per cent Tuesday, and has now erased more than $27 bi...
- Silver dulls as investor frenzy coolsiShares Silver Trust, the short-squeeze target of retail traders on Reddit last week, slumped more than 6 per cent.
- Gold continues its slide, silver tumbles as traders book profitsIn the spot market, Gold in the national capital on Monday tumbled Rs 1,324 to Rs 47,520 per 10 gram on a day when the government announced...
- Five things to watch in Reddit stocks trading maniaThe populist trading rally, organized in online forums such as Reddit's WallStreetBets, has helped attract a flood of retail cash into stoc...
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