Year Members Subscribers 2015 10,000 52,000 2020 1.5 million 6.2 million The community's goal is to identify and capitalize on short-term gains in the stock market.Members of WallStreetBets share their trading strategies, discuss new investment opportunities, and share their successes and failures on the forum. The Rise of WallStreetBetsOver the last few months, you may have heard the term WallStreetBets quite a lot.It's the online community that has shaken up the world of investing and the stock market to its very core.But what is WallStreetBets, and how did this group of retail investors cause such a stir?WallStreetBets is a subreddit forum that was created back in 2012.The community of amateur investors started gaining attention recently, however, when they banded together to take on hedge funds during the Gamestop short squeeze. The WallStreetBets effect What happened in GameStop39s crazy weekĪttention all investors and financial enthusiasts! Over the past few weeks, a group of amateur traders on Reddit's WallStreetBets community have been shaking up the stock market in a big way.Their recent success in driving up the share price of GameStop, a struggling video game retailer, has caught the attention of the world and sparked a huge debate about the state of the market.This blog post will delve into the rise of WallStreetBets, explain the GameStop short squeeze, and examine the impact this group has had on the stock market at large.So sit tight and get ready to learn all about this fascinating phenomenon that has taken the investing world by storm.
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