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“#Reddit takes out 5 second Super Bowl ad with nod to GameStop saga” Blink — and you could have missed Reddit’s Super Bowl 2021 ad. The social media website took out a 5 second commercial that included a shoutout to “underdogs” — in an apparent nod to the recent Redditor-fueled GameStop frenzy. “Big game spots…
“#How AMC staved off bankruptcy before Reddit rally” AMC Entertainment CEO Adam Aron has wowed corporate America with his unusual plan to keep the pandemic-plagued theater chain afloat by selling loads of stock to small investors. But getting on the right side of the “Reddit rally” wasn’t always easy and sometimes required Aron to clash…
“# Time to shine? Crypto should be given a chance after GameStop drama ” What happened to GameStop’s stock at the end of January will be remembered by investors for years to come, as it was probably the first time in the history of the “free market” that a group of self-described internet “degenerates” outsmarted…
“#GameStop documentary in the works” A documentary about GameStop is the latest project set to chronicle the “Reddit rally” that took the stock market by storm in recent weeks. Non-fiction and television studio XTR and documentary production company Optimist are joining forces on a feature documentary about the short squeeze movement that pushed shares of…
“# Wallstreetbets vs. Wall Street: A prelude to DeFi bursting onto the scene? ” Was last week’s Reddit versus Wall Street stand-off really the “beginning of the end for centralized finance,” as Gemini founder Tyler Winklevoss described it? Or was it just a one-time instance of individuals coming together to right a perceived wrong —…
“#GameStop, AMC shares jump after Robinhood lifts restrictions” Two of Reddit’s favorite “meme stocks” jumped early Friday after Robinhood lifted trading limits that it imposed amid last week’s market mayhem. GameStop shares climbed 5 percent to $56.20 as of 7:08 a.m. while cinema chain AMC Entertainment rose 3.2 percent to $7.32 in premarket trading, clawing…
“#GameStop stock plummets as Reddit rally spreads to pharmaceuticals” The market’s GameStop fever appears to have broken, but other stocks are now starting to feel a bit warm. Shares in the much-discussed video game retailer were down over 33 percent by midday Thursday, adding to a steep decline that has the key player in the…
“#Publishers scramble to sign ‘Reddit rally’ authors: sources” The media world is salivating over the “Reddit rally.” As Hollywood moves to write the screenplay, Big Apple book publishers are scrambling to sign authors to cover the bizarre trading phenomenon, sources said. At least three proposals are circulating for book deals on how cheap stocks like…
“#Brett Ratner’s RatPac buys WallStreetBets founder’s story” The man behind the message board that sparked a stock market revolution has sold his life story to director Brett Ratner’s film production company, a new report says. Jaime Rogozinski, the founder of Reddit’s WallStreetBets forum, made the deal earlier this week with Ratner’s RatPac Entertainment, whose roster…
“#Redditor behind GameStop rally says he lost $13M in one day” “DeepF—ingValue” went deep in the red. The Reddit user who helped spark the explosive rally in GameStop’s stock price said he lost more than $13 million in a single day as the shares crashed. Keith Gill — the Massachusetts man better known as DeepF—ing…