Did reddit crash the stock market
WebMar 21, 2024 · The U.S. experienced a fair share of stock market crashes in the past, including: The Great Depression Crash of October 1929 This was the first major U.S. market crash, where speculations caused share prices to skyrocket. There was a growing interest in commodities such as autos and homes. WebFeb 4, 2024 · A bunch of Reddit users bought up shares of struggling video game retailer GameStop, taking on Wall Street investors who'd bet the company would fail. Wall Street bet against GameStop so much and...
Did reddit crash the stock market
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WebFeb 12, 2024 · Reddit causes widespread stock market crash – the JTAC. In late January, Redditors took to buying GameStop stocks in order to save the ailing company that was being bet against by large hedge funds. … WebFeb 1, 2024 · Some hedge funds took on huge losses, or got bailed out by other hedge funds. Others doubled down and continued to short the stock, hoping that it would crash …
WebMar 27, 2024 · stock market crash of 1929, also called the Great Crash, a sharp decline in U.S. stock market values in 1929 that contributed to the Great Depression of the 1930s. The Great Depression lasted approximately 10 years and affected both industrialized and nonindustrialized countries in many parts of the world. New York Stock Exchange, late … WebThe market went from percent of investor purchases hitting post 2008 lows to smashing all time investor participation highs in like 9 months from 6/1/2024 to 1/1/21. At first it was desperate homeowners FOMOing into whatever home they could get to lockdown in. That drove prices up rapidly.
WebMar 3, 2024 · When Did Reddit Crash The Stock Market? Several users found themselves unable to login to Reddit as their usernames caused it to crash. morning of January 27, some users couldn’t access the WallStreetBets page r/Goldemania, which had urged investors to bid on stock, resulting in billions of dollars’ worth of losses for short sellers. WebApr 10, 2024 · It quickly triggered a backlash from conservative political figures, sending BUD stock down. As of this writing, shares are down about 2.5% for the day and don’t seem ready to rally. However ...
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