A legal battle over ownership of WallStreetBets, known for igniting the memestock craze of 2021, presented the court with a question at the intersection of social media and intellectual property ...
‘Hold on to your butts,’ read one thread, where the platform’s infamous stock-trading subreddit debated what would happen with Reddit’s stock. Reddit shares busted out of the gate Thursday, showing an ...
Reddit has priced its initial public offering (IPO) at $34 per share, reaching the top of its initially expected price range and hitting its target valuation of $6.4 billion. According to the ...
Reddit opened at $47 per share, eventually topping out above the $57 mark, and early retail investors shared their gains in WSB. Retail traders in the WSB subreddit predict a drop in the stock’s price ...
As Reddit finally files to go public, the company wrote in its S-1 filing that “meme stock” schemes on r/WallStreetBets could pose a risk to investors. In its S-1 filing, the company wrote: “Given the ...
NEW YORK -- The Reddit retail army is back. A little-known Hong Kong-based company appears to have become the latest obsession of traders on the popular Reddit forum WallStreetBets, helping its stock ...
In its IPO documents, Reddit said the price and volume of its stock could “experience extreme volatility for reasons unrelated to our underlying business.” Reading time 3 minutes Beware the apes, ...
In Jaime Rogozinski v. Reddit Inc, U.S. District Judge Maxine M. Chesney for the Northern District of California dismissed WALLSTREETBETS Reddit community founder Jamie Rogozinski’s claims against ...
July 11 (Reuters) - A U.S. judge on Tuesday dismissed a lawsuit in which the founder of WallStreetBets, which helped ignite investors' fascination with "meme" stocks, accused Reddit of wrongly banning ...