share_log

GameStop, AMC Fame's Reddit Group WallStreetBets Now Goes Hunting For Gains In India: 'It's Like 2 US Right Now'

Benzinga ·  Jun 17 08:44

This story was first published on the Benzinga India portal.

Popular US retail investors group on Reddit, r/wallstreetbets, is now on the hunt for investment opportunities in the Indian stock market. This is the same group that was behind the infamous squeeze againstGameStop Corp. (NYSE:GME) andAMCEntertainment(NYSE:AMC) short sellers.

What Happened:Retail investors on the popular investment subreddit, r/wallstreetbets, are beginning to train their eyes on the Indian stock market.

Looking for new avenues to invest their money in, a user, u/pondersassinorum, has put out a detailed thesis, "India is the play...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment