Reddit wallstreetbets10/4/2023 ![]() ![]() District Court, Northern District of California, No. The case is Rogozinski v Reddit Inc, U.S. Prominent examples of meme stocks have included AMC Entertainment Holdings Inc, Bed Bath & Beyond Inc, GameStop Corp and Koss Corp. The popularity often leads to volatile stock prices that do not reflect companies’ fundamentals or financial health. Meme stocks typically gain popularity through discussions, often among inexperienced investors, in online forums such as WallStreetBets and Twitter. He is seeking at least $1 million in damages for breach of contract and violations of his publicity rights, and a ban on Reddit’s use of WallStreetBets unless it reinstates him as senior moderator of the r/WallStreetBets subreddit. A sudden wave of new users and YOLO stock buying has reshaped the sub's identity. The subreddit remained relatively small until 2020, when popularity in stock trading apps soared. Rogozinski said he is a dual U.S.-Mexican citizen, and lives in Mexico City. The WallStreetBets Reddit community, which upended the stock market this week with its GameStop campaign, has exploded in popularity, but it's been around since 2012. ![]() This lawsuit is another transparent attempt to enrich himself.” “Jamie was removed as a moderator of r/WallStreetBets by Reddit and banned by the community moderators for attempting to enrich himself. Diamond hands WSB Wallstreetbets Reddit Mascot / stonks / GME / meme stocks / we like the stock / stock market gifts / wall street Logo. Meme 208 comments 7. “This is a completely frivolous lawsuit with no basis in reality,” a spokeswoman said. 4.1k comments 384 Posted by AutoModerator's Father 6 days ago Most Anticipated Earnings Releases for the week beginning August 7th, 2023 Earnings Thread 839 comments 2.0k Posted by 9 hours ago UPS drivers after learning about there raise. (NYSE: LUMN) Number of Hedge Fund Holders: 32 Expected Earnings Date: August 4 (After Market. Rogozinski’s nightmare as the company insists, ‘if you build it, we will take it from you.'” Reddit's WallStreetBets is Buying these Stocks for Post-Earnings Gains 10. “Reddit’s dreams, however, turned out to be Mr. “If you build it, they will come,” the complaint said, quoting from the 1989 movie “Field of Dreams. ![]() According to the complaint filed in federal court in Oakland, California, Rogozinski applied to trademark “WallStreetBets” in March 2020, one month before his ouster, when the community reached 1 million subscribers.įounded in 2012, the community now has 13.6 million subscribers. In a David v Goliath showdown, retail investors, organizing via the subreddit wallstreetbets (hereafter, r/wallstreetbets), helped orchestrated a short. ![]()
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