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Wall Street hedge fund managers, the chief executives of Robinhood and Reddit and a YouTube streamer known as Roaring Kitty on Wednesday defended their roles in GameStop's Reddit-fueled stock rally before they face a grilling by lawmakers. ....
Robinhood, hedge funds and 'Roaring Kitty' defend Gamestop moves ahead of hearing netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
Wolves in fleece jackets: Gen Z faces dark side of Reddit rebellion Normal text size Advertisement Day trader and freelance writer Will Bennett might not look like a rebel, but he is part of an army of Gen Z retail investors shaping markets and rocking hedge funds. Bennett, 26, is one of the thousands of younger traders who have banded together in recent weeks to storm the “Bastille of Wall Street”, as he puts it, and put a stop to short sellers preying on companies and retail investors. Will Bennett helps moderate a popular Facebook trading forum. Credit:Arsineh Houspian “The people who run the world are having a taste of their own medicine now,” he says. “It’s not such a closed game any more. It’s the democratisation of the markets.” ....