Page 17 - Quiver Quantitative News Today

GameStop Corporation (NYSE: GME) shares soared 22% higher in the regular and after-hours sessions combined on Monday. What Happened: The video game retailer ...

Share: Technology company Microvision, Inc (NASDAQ: MVIS) closed over 36% higher on Friday and is capturing the imagination of retail traders on r/WallStreetBets, a Reddit forum associated with the GameStop Corp (NYSE: GME) short squeeze earlier in the year. What Happened: Microvision — which works on laser scanning, 3D sensing, and projection technology — was the most mentioned stock on a 24-hour basis on WallStreetBets, according to Quiver Quantitative’s tracker. The Redmond, Washing...

Reddit forum WallStreetBets is hard for humans to follow at the best of times. But spare a thought for the machines.

Reddit forum WallStreetBets is hard for humans to follow at the best of times. But spare a thought for the machines.

After the retail stock frenzy last month caused unprecedented havoc, hedge funds trawling the platform with algorithms have a renewed sense of purpose in their mission to figure out the next market craze.

Instead of heralding a new wave of investor populism, the rise and fall of GameStop’s stock may end up reinforcing what professional investors have known for a long time: Wall Street is very good at making money.

Hedge funds use algorithms to fight back against Redditors Hedge funds are seeking ways to monitor what retail traders are talking about online 29 January 2021 • 5:56pm The explosion of retail trader interest in companies such as GameStop has kickstarted a hedge fund gold rush for algorithms that can scrape sites such as Reddit for stock tips.  In recent weeks, day traders have beat hedge funds at their own game by turning to online communities, including the WallStreetBets forum on Reddit,...

Hedge Funds Tap Startup to Provide Real-Time Data on WallStreetBets The WallStreetBets forum on the Reddit Inc. website on a laptop computer arranged in Hastings-On-Hudson, New York, U.S., on Friday, Jan. 29, 2021. Photographer: Tiffany Hagler-Geard/Bloomberg via Getty Images January 29, 2021 By Alex Vuocolo The race is on for hedge funds to better understand how social media is moving markets or risk the same fate as the short-sellers who were clobbered by the rally in GameStop shares.  One ...

Quiver Quantitative, an alternative data platform for retail investors, formally announced the closure of a $525,000 seed round led by Wisconsin’s Idea Fund of La Crosse. What Happened: A popular term amongst investment professionals, alternative data allows investors insight into the... Read More... Dont Miss Any Updates! News Directly in Your Inbox Subscribe to: