Jen Wong is helping Reddit grow up

[rcjordan]

In late 2020, Reddit disclosed audience metrics for the first time, sharing that 52 million people flocked to the platform on a daily basis, an increase of 44% year over year. What happened soon after only cemented Reddit's clout: The now-infamous Reddit forum r/WallStreetBets inflated the stock price of video-game retailer GameStop, outwitting—and nearly bankrupting—hedge funds that had bet against the stock.

https://www.fastcompany.com/90638354/jen-wong-is-helping-reddit-grow-up

[Rupert]

I am told you should see what they have just done today to AMC cinema stock - have a look at the share price graph for the year
https://www.google.com/search?q=AMC+cinema+stock

[ergophobe]

>>AMC

Look at the 1-year chart to really see it

[rcjordan]

Busting the Gamestop short-selling hedgefunds to the tune of a couple of $billion was the first I'd heard of  /r/wallstreetbets. AMC is the next chapter.