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ASX Small Cap Lunch Wrap: Big investors are scrolling reddit for stock market tips – Stockhead

Wall Street is looking to influential stock trading subreddits like r/wallstreetbets to gain an edge. A perfect storm of pandemic-induced boredom, red hot stock markets, and zero-fee trading has inspired retail investors flock to equities this year. They now …

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Wall Street is looking to influential stock trading subreddits like r/wallstreetbets to gain an edge.
A perfect storm of pandemic-induced boredom, red hot stock markets, and zero-fee trading has inspired retail investors flock to equities this year.
They now represent the second largest group in the US market, morphing into a force Wall Street cant afford to ignore,  according to Bloomberg.
Benn Eifert, chief investment officer of hedge fund QVR Advisors, points to po…

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