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Reddit became synonymous with the meme stock rally of 2021. Now, its stock has become a meme itself.
Reddit stock (RDDT) popped more than 12% on Tuesday and has rallied more than 30% since its initial public offering (IPO) last Thursday. Some reports have pegged an uptick in options volume to the recent surge in shares.
The meme resurgence spans beyond one popular IPO. GameStop (GME), the original meme stock, just had its best one day rise in a year. The Donald Trump-tied media SPAC finally de...
>>> Read more: Reddit ignites meme stock resurgence, further signs of 'bull market in everything'
Reddit stock (RDDT) popped more than 12% on Tuesday and has rallied more than 30% since its initial public offering (IPO) last Thursday. Some reports have pegged an uptick in options volume to the recent surge in shares.
The meme resurgence spans beyond one popular IPO. GameStop (GME), the original meme stock, just had its best one day rise in a year. The Donald Trump-tied media SPAC finally de...
>>> Read more: Reddit ignites meme stock resurgence, further signs of 'bull market in everything'