Who are the Reddit traders?
The anarchic traders of Reddit stunned stock-markets this week, boosting the share price of struggling retailer GameStop by some 400 per cent. It’s the latest stunt from WallStreetBets – an infamous Reddit page for novice millennial traders (which was featured in The Spectator last February). But who are the Redditors behind the great Wall Street coup? Here’s what we know: RoaringKitty The initial interest in GameStop has been credited to YouTuber and Redditor ‘RoaringKitty’ who has been plugging the stock as a value buy since September 2019, just after its shares slumped to an all-time low of $3.32. Having purportedly made 50 per cent on his initial investment of $50,000, RoaringKitty made
