The Robinhood app’s trading interface has become increasingly muddled in recent weeks. In the wake of hedge fund short-selling attempts, Meme stock rallies have returned to prominence. Big financial institutions suffered billion-dollar losses at the start of the year as a result of these memes. In early January, a short-selling scheme targeted GameStop Corp., a video game and entertainment product retailer. Short squeezes have been a common occurrence this year for AMC Entertainment Holdings, Inc. Supply chain issues and a decline in demand for electric cars in China have taken a toll on Tesla’s deliveries.
Here is Insider Monkey’s list of the 10 new stocks Reddit’s WallStreetBets is buying. We have Workhorse Group Inc. in the top ten list of Reddit’s Wall Street Bets’ 10 most recent stock purchases. Electric-powered delivery and utility vehicles are manufactured and sold by the company. Interest in a new patent filing has pushed the stock price up. First commercial spacecraft carrier for tourists is a goal for Virgin Galactic Holdings, Inc. Richard Branson, a British billionaire, founded the company in 2004. Reddit’s WallStreetBets has bought nine new stocks, including this one. On WallStreetBets’ list of 10 new Reddit-owned companies, UWM Holdings Corporation ranks eighth. Over the past three months, the stock has returned more than 15% to investors. California-based computer hardware manufacturer Corsair Gaming, Inc. During the last few weeks, the company’s stock price has risen by more than ten percent. Reddit’s WallStreetBets has bought seven of the ten new stocks on the list. On the list of the ten new stocks Reddit’s WallStreetBets is buying, Skislz Inc. Investors have seen a return of more than 93% over the past year. An esports tournament is held on the company’s popular mobile gaming platform. For more details, click 10 New Stocks Reddit’s WallStreetBets Is Buying.
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