Business
‘Perfect storm’: Reddit turmoil a blow to stability hopes – The Australian Financial Review
The Reddit-inspired short squeeze roiling markets has damaged optimism just as investors were starting to hope they could start to draw a line under last year’s…
The US Securities and Exchange Commission released a statement on Friday where it said that regulators are closely monitoring wild swings in the stocks targeted in Reddit user forum WallStBets.
Retail investors are up in arms after trading platforms including Robinhood and IG Markets restricted trading in some of the companies favoured by Reddit investors.
Ms Lopez called the Reddit short-selling squeeze yet another destabilising event that is affecting markets which are still pretty fragile. We…
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