Not Just GameStop: Here Are The Meme Stocks WallStreetBets Traders Are Pumping Up During This 'Extremely Erratic' Reddit Rally

  • 📰 Forbes
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

'These small and unsophisticated investors are probably going to get hurt by this,” one state securities regulator has warned, as some stocks begin to reverse gains.

Thousands of at-home traders, many perched on Reddit boards, are pouring into a slew of heavily shorted and"fundamentally hated" stocks Wednesday in an effort to squeeze money out of the short bets placed by Wall Street elite–and it's not just GameStop and AMC; here are the stocks nabbing mindblowing gains as regulators start to sound an alarm on the frenzy among retail traders. ...

Out of the 10 most shorted stocks , eight of them were posting double-digit percentage gains Wednesday, including FuboTV, Tanger Factory Outlets and Tootsie Roll Industries.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

More good news please(((

First (well, not really the first) GME. Then AMC, and the list is sure to grow. Can you say “retail investor manipulation”? There simply aren’t enough chairs when the music stops..! 🚩 🚩🚩

Is there any reason why BCH and BTC are not at the same value? Both are limited at 21.000.000 pieces each and they are not centralized.

Australia Australia Latest News, Australia Australia Headlines