Is This the End of the Reddit Retail Investor Dream? – CoinDesk

CoinDesk

As GME plummets and traditional financial media turns its attention elsewhere, where does the retail trading insurgency go from here?

This episode is sponsored by Nexo.io.

WallStreetBets is having a rough day. Its stocks are crashing. Champions from as recently as last week are selling out. More brokerage apps are turning off buying.

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In this episode, NLW explores what it means for this set of assets and the larger shift in power from institutional to retail investors.

He argues, ultimately, that over the last year retail traders of the type led by WSB have established themselves as too powerful a force for the market to simply turn away from now.

Image credit: Brent Lewin/Bloomberg via Getty Images

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Author: Nathaniel Whittemore


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