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How Redditors find the next GameStop stock
File Photo: While WallStreetBets had good success boosting beaten down stocks, it struggled to push hot names higher
(REUTERS)Premium
Shane Shifflett,
, The Wall Street Journal
On the surface, WallStreetBets looks like a casino, but an analysis of the stocks that take off reveals some common factors that drive the winners
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There is a method to the madness on WallStreetBets. For every stock that soars like GameStop Corp. and AMC Entertainment Holdings Inc., many more names touted on the Reddit site fail to launch.
A Wall Street Journal analysis of millions of posts on WallStreetBets, the performance of the most-mentioned companies each month and interviews with traders show what makes a stock take off.
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