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Wall Street Bets, the Reddit forum that coordinated the massive surge in GameStop s stock, is defiant even as the price crashes
Wall Street Bets, the Reddit forum that coordinated the massive surge in GameStop s stock, is defiant even as the price crashes
Bill BostockFeb 3, 2021, 21:52 IST
A GameStop store.John Minchillo/AP
Wall Street Bets members drove up
GameStop s stock price in January, disrupting major hedge funds.
The share price reached a high of $483 on Thursday, but since then it has crashed.
But Redditors are standing firm, hoping the stock will bounce back.
The Wall Street Bets
Reddit forum that orchestrated the massive surge in GameStop s stock last month is standing firm despite its tumbling stock price.
The Hurt Locker and
Zero Dark Thirty. Also attached to the project is Noah Centineo. The 24-year-old actor has starred in
To All The Boys I’ve Loved Before and
T
he Diary. Centineo also has a lead role in the upcoming
Black Adam movie, where he’s set to play Atom Smasher. The film will be produced by Makeready CEO Brad Weston, along with Nick Styne of Definition Entertainment, and Mark Sourian.
Much like the movie set to be made by MGM though, it’s not clear where this story will begin and end. Wall Street Bets is still targeting stocks in GameStop, with multiple calls to “hold the line” coming from both Reddit and Twitter. Even the Wolf of Wall Street himself, Jordan Belfort, is taking to social media to tell fellow investors to hold their shares in GameStop.
Billionaire Mark Cuban: Wall Street Bets is disrupting financial elite businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.
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Billionaire Mark Cuban says Wall Street Bets is disrupting the financial elite: They want to change the game and kick their ass
Billionaire Mark Cuban says Wall Street Bets is disrupting the financial elite: They want to change the game and kick their ass
Theron MohamedFeb 1, 2021, 20:47 IST
Billionaire investor Mark Cuban.Reuters/Mike Segar
Mark Cuban said
The billionaire
crypto trading. They want to change the game and kick their ass. Which they should and have every right to.
Day traders are shaking up the status quo by applying the rules of digital assets to the stock market, billionaire investor Mark Cuban said in a blog post on Sunday.
Billionaire Investor Steve Cohen Quits Twitter After Heat Over GameStop Squeeze
01/31/21 AT 11:30 AM Point72 Asset Management and Gala Chair Steven A. Cohen speaks on stage the Lincoln Center Alternative Investment Gala at The Rainbow Room on April 10, 2019 in New York City. Photo: Dave Kotinsky/Getty Images for Lincoln Center
Steve Cohen, founder of hedge fund Point72 and new owner of the New York Mets, deactivated his Twitter account Saturday in the aftermath of the GameStop mania, which involved death threats to his family.
A Reddit community with 6 million followers under the name “Wall Street Bets,” caused a stock market uproar last week when it caught wind that hedge fund Melvin Capital was going to short video game retailer GameStop (GME). Point72 suffered losses mainly due to infusing close to $750 million into Melvin Capital.