This triggered large losses for the short sellers – totalling around $6 billion. The phenomenon was dubbed the ‘David vs Goliath’ of the stock market. Trip.com is up 4.6% after beating expectations in the latest quarter. Revenue more than doubled from last year to RMB9.21 billion and smashed the RMB8.05 billion forecast, driven by the recovery in travel. Notably, sales were some 13% above pre-pandemic levels and outbound volumes were some 40% above 2019 levels. Adjusted earnings per ADS came in at RMB3.07, also well ahead of the RMB1.82 estimate.
It keeps the tone pretty light while still getting into complex questions and answers about the technology of the blockchain. Check this one out if you’re a beginner in the space, and then maybe branch off to token specific subreddits like r/Bitcoin and r/Ethereum if you want to dive deeper. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Breton warned Meta must comply with online content rules by August 25 or could face sanctions and/or fines.
Finder.com compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. For example during the frenzy, some brokerages suspended trading of certain stocks, and the frenzy even caused outages of entire apps. The internet has empowered retail investors, the combined force of which now matches institutions when it comes to buying power and volume. This changed the dynamics of investing somewhat – you’d think in favor of the little guy – though it remains to be seen if retail investor success has eaten into the profits of the big guns on Wall Street.
- Others view cryptocurrency for the technology, rather than the investment opportunity, and are super guarded about how the individual tokens are discussed.
- Still, the RSI is in deep overbought territory and the stock has climbed almost 19% above the average target price set by brokers of $182.24.
- Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
- The r/Investing subreddit primarily focuses on how global trends will impact your portfolios.
- This is because if you know where people are going to be investing then you can make money from the increase in volatility by buying and selling Iron Condors.
- However, adjusted EPS is expected to jump 43.6% to $0.55 as its bottom-line benefits from easier comparatives, which should continue in the coming quarters.
The r/Investing subreddit primarily focuses on how global trends will impact your portfolios. Several Redditors here will cite treasury and interest rates, other nations’ GDP and trends, and even provide some algorithmic trading advice. The community is very active and you can find just about anything you are looking for on the subreddit. Dividends are when a stock pays you money just for simply holding the stock in your portfolio. In theory, you can string together multiple companies that all pay dividends into one portfolio and have a money-printing machine!
How Long Does a Short Squeeze Last? (3 Answers)
There you have it; everything you need to know about which investing subreddits are the best. It is a great spot for people to begin to learn about how the stock market really works but it will not turn a novice investor into an expert. No subreddit is going to give you that knowledge, you will either find it on industry blogs, university classrooms, or from on-hand experience.
When comparing offers or services, verify relevant information with the institution or provider’s site. Reddit has provided some of the most dramatic investing stories since the start of 2020, the most famous of those being the GameStop frenzy. Some of the most commonly talked about stocks include GameStop, AMC Entertainment, Tesla and BlackBerry. Reddit is also planning an IPO, and there are rumors that the next Reddit stock may be Reddit itself — though it’s too early to say for sure. By far the smallest subreddit on the list but definitely not the worst; r/ValueInvesting is an amazing find for investors who are looking to build out a conservative lifelong portfolio.
The stock remains below the six month highs hit late last month following a rapid rally since the start of 2023 thanks to the hype around artificial intelligence, and has proven highly volatile since falling back. Some analysts have thrown cold water on hopes it will be a major beneficiary of AI. If a brand is a referral partner, we’re paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. R/Cryptocurrency is my favorite of the cryptocurrency bunch because it splits the difference.
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This forum formed the genesis of the meme stock community that dominated news coverage in January 2021. Anyways, knowing the major investing and trading subreddits will allow you to learn how other retail traders think. This will give you a leg up on the competition and allow you to essentially make money from less knowledgeable people in the market. StoneX Financial Ltd (trading as “City Index”) is an execution-only service provider. This material, whether or not it states any opinions, is for general information purposes only and it does not take into account your personal circumstances or objectives.
- Due to the regulated nature of these properties, only about 8-10% of the units can be disposed of each year.
- This material has been prepared using the thoughts and opinions of the author and these may change.
- Finder monitors and updates our site to ensure that what we’re sharing is clear, honest and current.
A website made entirely of subdivided forums (called “subreddits”), Reddit is a place where anyone can go to find their inner…anything. From simple subreddits like “AskReddit” where users can ask questions that have been generally on their mind, to much more NSFW topics, Reddit is full of community-sourced resources and discussion. Due to the regulated nature of these properties, only about 8-10% of the units can be disposed of each year. The stock has fallen for three consecutive days since briefly hitting fresh all-time highs at the start of this week before losing ground after unveiling its $3,499 Vision Pro mixed-reality headset. Finder monitors and updates our site to ensure that what we’re sharing is clear, honest and current. Our information is based on independent research and may differ from what you see from a financial institution or service provider.
What are meme stocks on Reddit?
He specialised in banking and investments products, including banking apps, current accounts, share-dealing platforms and stocks and shares ISAs. Charlie has a first-class degree from the London School of Economics, and in his spare time enjoys long walks on the beach. A haven for users of the popular online brokerage firm, r/robinhood claims 820,000 investors to its name. The most common topics on the forum are troubleshooting problems, and the community stands out for its utility in helping members navigate the platform.
This is a unique way of investing and also comes with very little downside so long as you do your research properly. Instead, you will find tons of posts going over the latest trends in the stock market. Redditors who post on this subreddit are expected to follow certain guidelines such as citing their sources.
Today’s trending Reddit stocks
The idea was to create a short squeeze and force institutional investors and hedge funds who had shorted the stock to buy it back at a loss. Meme stocks are the shares of companies that have gained popularity on social media – including on the Reddit discussion forum. These online communities are filled with retail traders and investors who have researched a particular stock, and then create a coordinated effort to influence the share price.