Professional investors, however, quickly took it seriously when these "retail" traders banded together to bid up stocks that hedge funds were shorting, or betting against, producing a series of "short squeezes" that went so far as to send one wealthy trader, Gabe Plotkin, into early retirement in 2022 ...
Wolfe Research called it a "junk rally" in a research note and warned that it included companies earlier identified on its "Hit List" of shorted stocks that were likely to disappoint. A trader at a multibillion-dollar New York hedge fund, asked how he was holding up, responded with a series of emojis including rocket ships - the unofficial logo of wallstreetbets - in a mocking nod to the weirdness of the moment ...
topProfessional investors, however, quickly took it seriously when these "retail" traders banded together to bid up stocks that hedge funds were shorting, or betting against, producing a series of "short squeezes" that went so far as to send one wealthy trader, Gabe Plotkin, into...
topProfessional investors, however, quickly took it seriously when these "retail" traders banded together to bid up stocks that hedge funds were shorting, or betting against, producing a series of "short squeezes" that went so far as to send one wealthy trader, Gabe Plotkin, into early retirement in 2022
topProfessional investors, however, quickly took it seriously when these "retail" traders banded together to bid up stocks that hedge funds were shorting, or betting against, producing a series of "short squeezes" that went so far as to send one wealthy trader, Gabe Plotkin, into early retirement in 2022
top... "retail" traders banded together to bid up stocks that hedge funds were shorting, or betting against, producing a series of "short squeezes" that went so far as to send one wealthy trader, Gabe Plotkin, into early retirement in 2022.
top... rally" in a research note and warned that it included companies earlier identified on its "Hit List" of shorted stocks that were likely to disappoint. A trader at a multibillion-dollar New York hedge fund, asked how he was holding up, responded with a series of emojis including rocket ships - the unofficial logo of wallstreetbets - in a mocking nod to the weirdness of the moment
top... trader at a multibillion-dollar New York hedge fund, asked how he was holding up, responded with a series of emojis including rocket ships - the unofficial logo of wallstreetbets - in a mocking nod to the weirdness of the moment.
topA trader at a multibillion-dollar New York hedge fund, asked how he was holding up, responded with a series of emojis including rocket ships - the unofficial logo of wallstreetbets - in a mocking nod to the weirdness of the moment.
topSo strange that on Monday, for no singular reason, shares in a medley of beaten-down companies suddenly soared as small-time investors bought up stocks that mainstream Wall Street analysts and investors had long given up on.
topSo strange that on Monday, for no singular reason, shares in a medley of beaten-down companies suddenly soared as small-time investors bought up stocks that mainstream Wall Street analysts and investors had long given up on
top... it included companies earlier identified on its "Hit List" of shorted stocks that were likely to disappoint. A trader at a multibillion-dollar New York hedge fund, asked how he was holding up, responded with a series of emojis including rocket ships - the unofficial logo of wallstreetbets - in a mocking nod to the weirdness of the moment
topA trader at a multibillion-dollar New York hedge fund, asked how he was holding up, responded with a series of emojis including rocket ships - the unofficial logo of wallstreetbets - in a mocking nod to the weirdness of the moment.
top... "junk rally" in a research note and warned that it included companies earlier identified on its "Hit List" of shorted stocks that were likely to disappoint. A trader at a multibillion-dollar New York hedge fund, asked how he was holding up, responded with a series of emojis including rocket ships - the unofficial logo of wallstreetbets - in a mocking nod to the weirdness of the moment
top... Research called it a "junk rally" in a research note and warned that it included companies earlier identified on its "Hit List" of shorted stocks that were likely to disappoint. A trader at a multibillion-dollar New York hedge fund, asked how he was holding up, responded with a series of emojis including rocket ships - the unofficial logo of wallstreetbets - in a mocking nod to the weirdness of the moment
topThat historical footnote could not prevent the company's stock from dropping 20 percent on the day.. . It is at once familiar and all new. The power of small investors to send Wall Street spinning has been well demonstrated since the pandemic, when a mix of online trading tools, low interest rates and boredom incited the first meme mania
topNamed for a meme, an online trend, the phenomenon was first considered a bit of a joke among the big-money set because it grew out of internet forums, such as Reddit's "wallstreetbets," and fueled almost random but intense...
topThe power of small investors to send Wall Street spinning has been well demonstrated since the pandemic, when a mix of online trading tools, low interest rates and boredom incited the first meme mania.
top... such as Reddit's "wallstreetbets," and fueled almost random but intense gyrations in stock prices.. . Professional investors, however, quickly took it seriously when these "retail" traders banded together to bid up stocks that hedge funds were shorting, or betting against, producing a series of "short squeezes" that went so far as to send one wealthy trader, Gabe Plotkin, into...
topProfessional investors, however, quickly took it seriously when these "retail" traders banded together to bid up stocks that hedge funds were shorting, or betting against, producing a series of "short squeezes" that went so far as to send one wealthy trader, Gabe Plotkin, into early retirement in 2022
topThat historical footnote could not prevent the company's stock from dropping 20 percent on the day.. . It is at once familiar and all new. The power of small investors to send Wall Street spinning has been well demonstrated since the pandemic, when a mix of online trading tools, low interest rates and boredom incited the first meme mania
top... meme, an online trend, the phenomenon was first considered a bit of a joke among the big-money set because it grew out of internet forums, such as Reddit's "wallstreetbets," and fueled almost random but intense gyrations in stock prices.. . Professional investors, however, quickly took it seriously when these "retail" traders banded together to bid up stocks that hedge funds were shorting,...
topIt is at once familiar and all new. The power of small investors to send Wall Street spinning has been well demonstrated since the pandemic, when a mix of online trading tools, low interest rates and boredom incited the first meme mania
topBy Monday, though, impelled by screenshots posted to Reddit detailing other investors'profits, Mr. Gao went for it. He bought around $2,500 of Opendoor shares around midday, only to see the stock begin slipping five minutes later.
topNamed for a meme, an online trend, the phenomenon was first considered a bit of a joke among the big-money set because it grew out of internet forums, such as Reddit's "wallstreetbets," and fueled almost random but intense gyrations in stock prices.
topHe bought around $2,500 of Opendoor shares around midday, only to see the stock begin slipping five minutes later. Hoping for a rebound, he added $600, but the drop has only intensified.
topBy Monday, though, impelled by screenshots posted to Reddit detailing other investors'profits, Mr. Gao went for it. He bought around $2,500 of Opendoor shares around midday, only to see the stock begin slipping five minutes later. Hoping for a rebound, he added $600, but the drop has only intensified
topThe past few weeks of stock buying by individual investors was the heaviest since that original 2021 run, Citadel Securities said. Similar to then, this week's trading has included a bit of nerdiness and braggadocio, with traders egging one another on with catchphrases such as "DNUT YOLO" and "HODLTHE($OPEN)DOOR."
top... stock buying by individual investors was the heaviest since that original 2021 run, Citadel Securities said. Similar to then, this week's trading has included a bit of nerdiness and braggadocio, with traders egging one another on with catchphrases such as "DNUT YOLO" and "HODLTHE($OPEN)DOOR."
top. In the case of Opendoor, several investors pointed to a series of recent posts from a small Canadian hedge fund manager, Eric Jackson, extolling the company
topKevin Gao, 29, ignored pressure from friends last week to buy stocks, chastened by his memory of losing $10,000 on a $40,000 investment in GameStop stock four years ago.. . By Monday, though, impelled by screenshots posted to Reddit detailing other investors'profits, Mr
top... shares pulled back, and the moment acquired an unlikely twist of identity politics, with some online stock boosters praising Opendoor, the real estate platform, for being the first meme stock led by a female chief executive. That historical footnote could not prevent the company's stock from dropping 20 percent on the day
top... back, and the moment acquired an unlikely twist of identity politics, with some online stock boosters praising Opendoor, the real estate platform, for being the first meme stock led by a female chief executive. That historical footnote could not prevent the company's stock from dropping 20 percent on the day