Reddit trading frenzy could spark ‘systemic event’ in markets, strategist says – CNBC
Reddit trading frenzy could spark ‘systemic event’ in markets, strategist says – CNBC
The GameStop Corp. on a laptop and the Robinhood app on a smartphone. Tiffany Hagler-Geard | Bloomberg | Getty Images The Reddit-fueled retail flood could pose a systemic risk to markets, according to Paul Gambles, co-founder of investment advisory firm MBMG Group. A wave of retail buying led by Reddit thread WallStreetBets sent heavily sold […]
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