Short Reads - A massive stock market rally recently suddenly developed with respect to GameStop’s shares, a moribund chain of video game stores in the United States. The instigators: users of the investment forum r/wallstreetbets on Reddit.
On 17 February 2021, the European Securities and Markets Authority delivered its strongest warning yet about the risks of using social media for investing, cautioning that any effort to coordinate trades online could violate EU market abuse regulations.