The Reddit logo is seen on a smartphone in front of a logo for WallStreetBets, a group it hosts. The price of GameStop shares shot up after the Reddit board, which has more than 2 million subscribers, hyped up the stock. Photo: Reuters
Opinion
Opinion
The View
As GameStop stock frenzy dies, it’s the small retail investors who will suffer most
- Who’s to blame when the credulous masses, misled by pseudo advice on internet chat forums, believe they can instigate a pump-and-dump scheme and walk away unscathed? Regulators must bring in circuit breakers not just for meltdowns, but also for the upside melt-ups
The Reddit logo is seen on a smartphone in front of a logo for WallStreetBets, a group it hosts. The price of GameStop shares shot up after the Reddit board, which has more than 2 million subscribers, hyped up the stock. Photo: Reuters
