The anarchic traders of Reddit stunned stock-markets this week, boosting the share price of struggling retailer GameStop by some 400 per cent.
It’s the latest stunt from WallStreetBets – an infamous Reddit page for novice millennial traders (which was featured in The Spectator last February).
But who are the Redditors behind the great Wall Street coup? Here’s what we know:
RoaringKitty
RoaringKitty (YouTube)
The initial interest in GameStop has been credited to YouTuber and Redditor ‘RoaringKitty’ who has been plugging the stock as a value buy since September 2019, just after its shares slumped to an all-time low of $3.
Already a subscriber? Log in
Subscribe for just $2 a week
Try a month of The Spectator Australia absolutely free and without commitment. Not only that but – if you choose to continue – you’ll pay just $2 a week for your first year.
- Unlimited access to spectator.com.au and app
- The weekly edition on the Spectator Australia app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk
Or
Comments
Don't miss out
Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.
SUBSCRIBEAlready a subscriber? Log in