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Stock impact report

Analysts kick off Reddit stock price coverage after quiet period [Yahoo! Finance]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The creature's name, a play on the question "What's new?" fits with Reddit's concept of being "the front page of the internet." Founded in San Francisco in 2005, Reddit enables registered users to submit content such as links, text posts, images, and videos, which other members vote up or down. Posts are organized by subject into user-created boards called “communities” or “subreddits.” Reddit's name recognition skyrocketed during the meme-stock madness in 2021 when a group of retail investors collaborated on the "wallstreetbets" forum to buy shares of highly shorted companies like GameStop, hoping to force short-sellers to buy shares to cover their bearish positions. GameStop's price surged from under $3 to as high as $483 in late January of that year, causing hedge funds that had bet against it to lose billions of dollars. GameStop's meteoric rise was the subject of the film “Dumb Money.” SOPA Images/Getty Images Reddit: IPO, Google deal, FTC inquiry Reddit debuted on Show less Read more
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