Reddit

Reddit’s WallStreetBets Sends Clover Health’s Stock Price To New Heights
Reddit’s WallStreetBets Sends Clover Health’s Stock Price To New Heights
June 08, 2021  |  Stock Index

Health insurance technology startup Clover Health saw its share prices surge some 109 percent on Tuesday (June 8) after Redditors talked up the company on...

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Reddit Hires First Chief Financial Officer As It Mulls Public Filing
Reddit Hires First Chief Financial Officer As It Mulls Public Filing
March 05, 2021  |  Personnel

Online community network Reddit appointed Drew Vollero as its first chief financial officer (CFO). The veteran finance executive was also Snap’s first CFO and helped...

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Next Congressional Hearing Set For Robinhood-GameStop Debacle
Next Congressional Hearing Set For Robinhood-GameStop Debacle
February 26, 2021  |  Markets

The U.S. House Committee on Financial Services will hold a second hearing on the Wall Street trading debacle that involved GameStop, Reddit, Robinhood and hedge...

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GameStop Trading Frenzy Being Probed For Misconduct
GameStop Trading Frenzy Being Probed For Misconduct
February 11, 2021  |  Markets

The trading frenzy that saw unexpected surges in GameStop, AMC and other stocks got the attention of federal regulators who are now investigating the rally...

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Reddit ‘GameStop’ Forum Helps Spark Rally In Cannabis Stocks
Reddit ‘GameStop’ Forum Helps Spark Rally In Cannabis Stocks
February 10, 2021  |  Markets

Cannabis stocks are lighting up the exchanges as the Reddit forum that recently boosted so-called “meme” shares now turns an eye on a fresh crop...

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GameStop Run Opens New Conversation About Financial Literacy
GameStop Run Opens New Conversation About Financial Literacy
February 10, 2021  |  Financial Inclusion

The GameStop stock run has created a generational opportunity for the investment advisory industry to connect with an audience that’s finally interested in listening and...

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Reddit Valuation Hits $6 Billion With New Funding
Reddit Valuation Hits $6 Billion With New Funding
February 09, 2021  |  Investments

Story- and conversation-hosting website Reddit‘s valuation has surged to $6 billion with a $250 million investment the company announced on Monday (Feb. 8). “We decided...

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Today In Payments: Uber Buys Alcohol Delivery Startup Drizly; Amazon Q4 Net Sales Top $100 Billion
Today In Payments: Uber Buys Alcohol Delivery Startup Drizly; Amazon Q4 Net Sales Top $100...
February 03, 2021  |  News

In today’s top news, Uber is acquiring alcohol delivery startup Drizly, and Amazon marked its first $100 billion quarter. Plus, VEON has partnered with Mastercard...

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Backlash: Retail Traders Sue Robinhood Over Suspension Of Buy Orders
Backlash: Retail Traders Sue Robinhood Over Suspension Of Buy Orders
January 29, 2021  |  Investments

Retail traders in two states have sued Robinhood, the app intended to make stock trading accessible, over the decision made to stop buy orders on...

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