Reddit’s Top Investing Communities

Social platform and news aggregator Reddit made national headlines in early 2021 for its role in the volatile movement of “meme stocks” popular among its “subreddit” user communities like WallStreetBets. While some of the movement’s momentum tailed off in February, Reddit is back in the news just months later, as meme trading makes a comeback, and WallStreetBets isn’t the only one moving markets. Here are some of the most popular investing communities on Reddit, including a few you might not have heard of.

The Fact That so Many People Are Even Talking About These Names Speaks Volumes About Their Potential Movement.

James Brumley is former stockbroker with a large Wall Street firm, and a former trading analyst for a small, options-based newsletter. After twenty years of professional experience in and around the market, his approach is one that combines fundamentals, sentiment, and common sense. It's also an approach that respects this John Keynes reality: The market isn't always rational.

Lucid Group and Palantir Technologies Come up Frequently on the Message Boards, but These Meme Stocks Also Show Real Long-Term Promise.

Justin loves covering stocks across all industries, but his heart is in high-growth technology. He's been a student of the market for more than a decade. Stocks are his second love to his wife and kids, which is how he spends his free time.

Reddit Stocks What Meme Stocks Are Trending

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Reddit Has Become a Hub for Social-Media Driven Traders and Investors That Have Proven Their Ability to Move the Markets, Injecting Huge Volatility Into Stocks Like Gamestop and Amc. but What Stocks Are Grabbing Attention on Reddit Today?

Below is a list of the top 10 most mentioned US stocks on the WallStreetBets thread on Reddit over the last 24 hours on November 30, 2021, according to data from Quiver Quantitative. Exchange-Traded Funds (ETFs) have been excluded.

What Is a Short-Squeeze?

A short-squeeze does what it says on the tin – it tries to squeeze short-sellers out of their positions. Short-sellers, mostly big institutional investors and hedge funds, bet that the price of a stock will fall but, as retail investors pile in and push the share price higher, they are forced to start buying the stock to try to limit their losses. The buying by the big players only fuels the share price higher.

Support.com, Other New Meme Stocks Dip, Hitting Pause in Monster Rally

Shares of software company Support.com shot up 313% in the six trading sessions through Monday and were up more than 1,400% year-to-date. They were down 11.3% on Tuesday afternoon.