Reddit


Top Glove joins Reddit surge as GameStop rebounds

Top Glove joins Reddit surge as GameStop rebounds

(ATF) Top Glove, the Malaysian latex glove maker, saw its stock rise over 8% on Friday January 29 after a Reddit forum called BursaBets pitched the firm as a successor to GameStop to rally. GameStop has seen another surge in overnight US dealing after Robinhood relaxed limits on trading.GameStop stock …

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Asia could be next as Reddit squeeze on hedge-fund shorts goes global

Asia could be next as Reddit squeeze on hedge fund shorts goes global

(ATF) Retail traders who take a cue from Reddit’s “Wallstreetbets” thread made further gains against short-selling hedge funds Citron and Melvin on Wednesday January 27, but US regulators may clamp down on trading posts on social media.The success of this week’s retail assault on short positions in GameStop has prompted …

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US FTC order lumps TikTok in with Amazon, Facebook and Google

US FTC query lumps TikTok in with Amazon, Facebook and Google

(ATF) The US Federal Trade Commission (FTC) on Monday December 14 ordered nine social media and video streaming companies to provide data on how they use personal information.ByteDance, the Chinese owner of short video app TikTok, was among the companies ordered to provide data on how they collect personal information; …

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