The return of meme stocks: Trump Media and Reddit see surging debuts

Meme stocks are back as Trump Media and Reddit surge upon their debuts

The Rise and Fall of Meme Stocks: What Reddit, Trump Media & Technology Group, and GameStop Have in Common Meme stocks are once again in the spotlight, with companies like Trump Media & Technology Group, Reddit, and GameStop gaining attention from retail investors. Trump Media recently made its market debut with a market capitalization of … Read more

New Street Research Predicts Reddit Could Experience a Nearly 10% Decline

Reddit could fall nearly 10% from here, New Street Research says

Welcome to Extreme Investor Network, where we bring you the latest insights and analysis on the world of investing. Today, we want to talk to you about Reddit, the popular social media company that recently made its public market debut. According to New Street Research, Reddit could be facing some challenges ahead after its strong … Read more

Cathie Wood’s Ark Investment Management purchases Reddit stock on debut trading day

Cathie Wood's Ark funds buy Reddit stock on first day of trading

Cathie Wood’s Ark Invest has made a significant move by purchasing nearly 10,000 shares of Reddit on the social media stock’s first day of trading. The investment firm’s daily trade update revealed that the Next Generation Internet ETF (ARKW) fund acquired 5,914 shares of Reddit, while the Fintech Innovation ETF (ARKF) added 4,068 shares to … Read more

Reddit announces highly anticipated IPO with shares priced at $34

Reddit prices shares at $34 in highly anticipated IPO

The highly anticipated initial public offering of Reddit has finally happened, with the social media platform pricing its shares at $34 each, valuing the company at approximately $6.4 billion. This move marks Reddit as the first major social media company to go public since Pinterest in 2019. Reddit, known for its user-generated discussion-style platform, has … Read more

Tom Sosnoff, an investor on Reddit, suggests that the IPO could see positive results by being the sole ‘pure social media’ stock on the market.

Reddit investor Tom Sosnoff says IPO could benefit from being the only 'pure social media' stock

Reddit is set to make its public debut this week, and according to Tom Sosnoff, CEO at brokerage firm TastyLive, the social media platform may have a unique opportunity on Wall Street. In an interview on CNBC’s “Squawk Box,” Sosnoff highlighted Reddit’s potential to fill a niche in the market for investors looking to capitalize … Read more

The $300 billion meme stock that makes GameStop look like child’s play

Reddit Logo seen on a Wall Street Bets logo featuring AMTD Digital meme stock

Think the meme stock mania is so 2021? Just take a look at AMTD Digital. The little-known Hong Kong-based fintech firm saw its shares skyrocket 126% Tuesday alone after experiencing a series of trading halts. AMTD Digital, a subsidiary of investment holding firm AMTD Idea Group, went public in mid-July with its American depositary receipts trading on … Read more

Cruel to Be Kind

Insanity - Albert Einstein didn't really say that - look it up

Let us begin with this post from an individual over in the land of wallstreetbets who is bemoaning the fact his $340,000 trading account has been beaten down to $88,000 (a 75% drop) due to picking up such gems as TSLA and ROKU. As you will see, he wants to know how other fellow “traders” deal with such … Read more

Reddit’s Breeding Grounds for Sexual Deviants and Groomers

Sexual predator word cloud

Reddit prides itself on its self-anointed label of being the “frontpage of the internet.” Since the website started in 2005, it’s grown to the point of having over 400 million active users and 50 billion monthly views. The gravity of the website’s pull has made it a one-stop shop for people since the site caters … Read more