Trading

Why the Reddit army’s battle against Wall Street may just be getting started

Retail investors own a much larger percentage of the US stock market than hedge funds do

The Reddit forum WallStreetBets briefly turned itself off to new users after a deluge of new participants on the back of a short-selling war with hedge funds
The Reddit forum WallStreetBets briefly turned itself off to new users after a deluge of new participants on the back of a short-selling war with hedge funds Photo: Getty Images

The battle between Reddit’s retail army and hedge fund short-sellers may have only just begun. 

That’s according to Neil Campling, the star Mirabaud analyst who slapped a zero price target on Wirecard months before its eventual decline.

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Bank of New York Mellon Approached Northern Trust to Discuss Potential MergerExternal link

Bank of New York Mellon Approached Northern Trust to Discuss Potential Merger