Article 5DEG8 After GameStop, which companies are Reddit investors targeting next?

After GameStop, which companies are Reddit investors targeting next?

by
Mark Sweney
from US news | The Guardian on (#5DEG8)

Stocks across US and Europe that have been heavily shorted by hedge funds are being targeted

The army of small investors using Reddit to punish hedge funds hoping to profit from the failure of GameStop have taken their battle global, sending some stock prices soaring across the US, Asia and Europe.

The investors, who use online broker apps such as Robinhood and discuss stocks and tips anonymously on sites such as Reddit, are targeting stocks that have been heavily shorted by hedge funds that stand to lose billions unless their share prices fall dramatically.

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