Nearly 60% of institutional investors used Reddit for investment calls

Nearly 60% of institutional investors said they have used information on Reddit for an investment decision, according to the results of a newThe investment advisory firm surveyed 257 US and European institutional investors – professionals who trade for banks, hedge funds and pensions – and found that 58% have used Reddit.

"Reddit continues to grow as a platform for investment advice with more than 33 million finance conversation threads on the site, which has caught the attention of institutional investors," Brunswick said.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market will crash in 60 days, best-selling author on Lehman collapse warnsMarket risk indicators are signaling one of the highest probabilities of a crash in the next 60 days. The Bear Traps report founder advises on how to allocate your capital. Bullish......... Na, it's definitely this month. WSJ headline 3/7: 'The Recession That's Always Six Months Away'. Whistling past the graveyard.
Source: FoxBusiness - 🏆 458. / 53 Read more »