Today news
About the same in other media
03.02 - 20:48
Hedge funds scour Reddit a year after GameStop: ‘It’s the tip of the iceberg of generational change’
Reading now: 765
fnlondon.comIt has been a year since the start of the GameStop saga, where a group of armchair traders on Reddit goosed the stock of the US video game retailer while burning short-selling hedge funds. Experts say that traditional finance should get used to it.
“The retail crowd is like a pop group that was deemed a one-hit wonder, but unexpectedly continued to storm the charts with new hits,” said Ivan Ćosović, founder of Breakout Point, a research firm that uses sources including Reddit’s WallStreetBets to analyse stocks for clients.
Read more on fnlondon.comAbout this in other media
New BlockFi Wallet & Stablecoin Rate Changes cryptonews.com /2 years ago
Bitcoin miners believe global hash rate to grow ‘aggressively’ cointelegraph.com /2 years ago
Bitcoin analysts fear new BTC price dip as funding rates drop post Fed cointelegraph.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
