The meme stock rally triggered by the return of “Roaring Kitty” to social media has cost GameS
GameStop and other meme stocks surged wildly on Monday morning as Keith Gill returned to social media.
Donald Trump’s social media enterprise officially became a publicly traded company on Tuesday, with its stock price jumping 16% to $58 a share.
Beware the apes, Reddit told the world in its IPO documents, though not in such explicit terms. Put simply, the company warned potential investors that one of its subreddits, the infamous r/WallStreetBets, could make its stock price and volume extremely volatile—and there’s little Reddit can do about it.