Posted by Lu Wang on Tuesday, May 10, 2022
It’s an epic fall from 2021, when at-home traders shot to fame after banding together on WallStreetBets forums to try to squeeze professional investors out of short positions and otherwise overthrow the Wall Street order. Retail investors accounted for roughly 24% of the total stock trading at one point, according to an estimate from Bloomberg Intelligence. Their influence made Reddit blogs and Stocktwits posts must-read material for anyone gathering intel on markets.
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