CNBC Television published this video item, entitled “The Reddit effect: WallStreetBets is changing the role of the individual investor” – below is their description.
This past year, Reddit’s rowdy crowd on the popular “WallStreetBets” forum became a household name after rallying around video game retailer GameStop and sent the stock soaring on an epic run. CNBC TechCheck’s Carl Quintanilla dives into how social media coupled with unprecedented accessibility to the market via mobile devices has given new power to the memestock generation’s retail trader army.CNBC Television YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
In This Story: GameStop
GameStop (NYSE: GME) is an American video game, consumer electronics, and gaming merchandise retailer. The company is headquartered in Grapevine, Texas, United States, a suburb of Dallas, and operates 5,509 retail stores throughout the United States, Canada, Australia, New Zealand, and Europe as of February 1, 2020.
GameStop researcher details how retail investors can properly study the meme stock
Anniversary of GameStop’s ‘Reddit rebellion’ and what’s changed since
Jim Cramer discusses GameStop on one-year anniversary of Reddit rally
Melvin Capital 2021 returns down 39% after GameStop short squeeze
Reddit rebellion one year later: GameStop’s transformation strategy
Ryan Cohen’s $76 million bet on GameStop now worth $1.1 billion