rwallstreetbets
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Meet the Newest Meme Stock: Trump Media
Donald Trump’s social media enterprise officially became a publicly traded company on Tuesday, with its stock price jumping as much as 59% to over $US70 a share. We’d like to take this moment to welcome Trump Media, trading under DJT, to the world of meme stocks. At this morning’s stock price, Trump’s stake in Truth…
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Can r/WallStreetBets Make Reddit the Next GameStop?
Members of the now-infamous “meme stock” vigilante subreddit r/WallStreetBets may have found their ultimate target — the mothership itself. The subreddit has been filled with users discussing the prospect of deploying some of the same successful tactics used to pump the stocks of GameStop and AMC earlier this year and apply them to Reddit itself,…
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Robinhood to Raise Billions From the Rich, Give None of It to the Poor
Robinhood, the wildly popular stock-trading app that’s made it easy to throw fistfuls of money at meme stocks while also occasionally locking those users out of trades on a whim, is ready to cash in big time.
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AMC’s CEO Apparently Didn’t Bother to Put on Pants for This YouTube Interview
AMC is the latest meme stock darling for hordes of online investors, and CEO Adam Aron has been leaning heavily into the company’s newfound virality. However, I doubt he ever expected to become a meme himself, as was the case this week after he appeared to be pantless during a live interview with a YouTuber.