Reddit Chat Rooms Poised to Help Drive Hedge Fund, Investor Bets
This article is for subscribers only.
Amateur investors who banded together on Reddit during the meme-stock saga are poised to help hedge funds and asset managers place their market bets.
That’s because of an agreement between Intercontinental Exchange Inc. and Reddit Inc. to develop new data products for the financial industry that leverage the swathes of daily posts, comments and videos on the social-media firm’s forums.