Over the first half of this week, Robinhood Markets shares grew by 100%. However, the news about a secondary placement dropped the quotation by 27.59%. Tech analysis of Robinhood Markets shares for August 6th, 2021.
Investors from Reddit found new goals for massive buying. New "meme" shares are Cleveland-Cliffs, Clover Health, and Wendy’s.
This week, the stocks of cannabis companies first sky-rocketed, then slid down. Analysts name several factors that influenced the market of medical and recreational cannabis, the actions of WallStreetBets subscribers among them.
Silver futures grew over 30 USD per ounce due to the actions of Reddit investors. This is the record price since 2013. However, sky-rocketing soon changed for sliding down – by 10.25%. Check why individual investors failed to repeat the story with GameStop.
Traders from Reddit made the quotations of GameStop’s stocks grow by 1914% and hedge funds – lose over 6 billion USD. Get to know the details of the emotional war between retail investors and experts. Well-known exchange analysts give their comments.