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-0.000621840826515264 -0.00150130142401547 -0.0010571294050759 -0.00372216151871297 0.00294041876537955 0.00294041876537955 0.00294041876537955 0.00294041876537955
Stock impact report

13 Best Reddit Stocks to Buy Now [Yahoo! Finance]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Millions of young retail investors turn to Reddit every day to talk or learn about the stock market. Back in the pandemic days, the rise of zero-commission stock trading apps and excessive cash allowed Redditors to build a strong investing community which went on to spar with hedge funds over shorted stocks like GameStop and AMC. Those days marked a turning point in the retail investing landscape. Data shows that millions of young Americans today use social media for investing advice. A report by FINRA Investor Education Foundation says that about 60% of investors aged 18–34 take investing advice from social media, compared to just 35% aged 35–54 and only 8% aged 55 and older. Can Reddit Stock Picks Beat The Market? But with the pandemic in rear view, Wall Street has an important question to answer: does following Reddit investing threads and investing in stocks bought by retail investors on the platform actually bring any profits? A research paper titled Financial Recommendation Show less Read more
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