WallStreetBets Gains More Than a Million New Members Overnight
- Surge in interest comes after site was briefly taken private
- Reddit forum has fueled frenzy in stocks from GameStop to AMC
Photographer: Brent Lewin/Bloomberg
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More than one million new members rushed to join r/wallstreetbets overnight after the Reddit forum briefly went dark Wednesday evening.
The internet forum, which has fueled a frenzy in stocks including GameStop Corp. and AMC Entertainment Holdings Inc., now boasts 4.4 million members -- or “degenerates,” using the site’s own terms. That’s up from 3.4 million yesterday evening, and nearly 2.5 million more members than there were just Friday.