Why the WallStreetBets crowd are able to profit from predatory trading | The Economist

Why the WallStreetBets crowd are able to profit from predatory trading

Textbooks say it can't happen. But there are times when front-running distressed traders pays off

“THERE ARE NO loyalties on Wall Street. When you smell blood in the water, you become a shark.” The sentiment-or lack of it-would not look out of place on r/wallstreetbets, the locus for a new breed of stockmarket hammerheads, which has helped push up the share prices of tech darlings and bombed-out companies to nosebleed levels, crippling professional short-sellers in the process.

Live News Feed

News Feed featuring the top articles in the finance world from global publications such as Financial Times and the Economist.

Click here to view

Powered by © Neon Accelerator

From the Web

Shell Norco. Louisiana. hydrocracker partially shut to repair leak -sources

April 26, 2021 | From the web

Shell Norco. Louisiana. hydrocracker partially shut to repair leak -sources | Financial News

Read More >

LIVE MARKETS-Inflation chatter on front burner this earnings season

April 26, 2021 | From the web

LIVE MARKETS-Inflation chatter on front burner this earnings season | Financial News

Read More >

UK earnings. trading statements calendar – next 7 days

April 26, 2021 | From the web

UK earnings. trading statements calendar – next 7 days | Financial News

Read More >

UK records 2.064 new COVID cases. 6 deaths on Monday

April 26, 2021 | From the web

UK records 2.064 new COVID cases. 6 deaths on Monday | Financial News

Read More >
Go to Top