#Reddit’s ‘meme stock’ crowd is launching a Super PAC

#Reddit’s ‘meme stock’ crowd is launching a Super PAC

“#Reddit’s ‘meme stock’ crowd is launching a Super PAC” The WallStreetBets crowd is angling to get into the political game.  A pair of part-time stock traders has launched a Super PAC to “amplify the voice of the retail investor” as the rise of Reddit-fueled “meme stocks” like GameStop has rattled big hedge funds and caught…

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#Lenders mull plan to take Hertz public post-bankruptcy

#Lenders mull plan to take Hertz public post-bankruptcy

“#Lenders mull plan to take Hertz public post-bankruptcy” There’s a battle brewing over Hertz that could determine whether the car rental company — and original “meme stock” — remains a publicly traded company, The Post has learned. Hertz on Tuesday proposed exiting bankruptcy by putting a group of new investors in the driver’s seat, including…

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#Bill Ackman tells investors to follow him on Twitter

#Bill Ackman tells investors to follow him on Twitter

“#Bill Ackman tells investors to follow him on Twitter” Billionaire Bill Ackman appears to be taking a page from Elon Musk with plans to start announcing market-moving news on Twitter. The billionaire investor’s blank check company, Pershing Square Tontine Holdings, issued a press release on Friday highlighting Ackman’s Twitter feed and saying it may be…

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