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“#’Reddit Rally’ yields 2 book deals, 3 movie deals in wild week” The media frenzy on the so-called “Reddit Rally” is almost as wild as the stock market gyrations that have gripped GameStop and AMC over the past two weeks. So far, at least two book deals and three movies deals are in the works….
“#Reddit doubles valuation to $6B amid WallStreetBets frenzy” Reddit has doubled its valuation to $6 billion as the social network’s role in the recent stock market revolution thrust it into the spotlight. San Francisco-based Reddit said Monday that it raised more than $250 million in additional funding from a group of new and existing investors…
“#What I Learned From The Gamestop Stock/WallStreetbets Fiasco! How I Had A Chance For Rapid, Once In A Life Time Wealth Gain & Lost It!” So, I’ve been wanting to talk about this whole event ever since it started. How I felt and what I did when diamond-handed apes took over and made the Wall…
“#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…