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Beyond Reddit, day traders turn social media platforms into squawk boxes

4 Min Read
(Reuters) - Social media chatrooms are beginning to resemble the squawk boxes on old-fashioned trading floors, as a new generation of retail traders continues to gain influence over the stock market.
FILE PHOTO: Reddit mascots are displayed at the company's headquarters in San Francisco, California April 15, 2014. Reddit, a website with a retro-'90s look and space-alien mascot that tracks everything from online news to celebrity Q&As, is going after more eyeballs, and advertising, by allowing members of its passionate community to post their own news more quickly and easily. REUTERS/Robert Galbraith (UNITED STATES - Tags: BUSINESS SCIENCE TECHNOLOGY)/File Photo

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Public.com - AlleyWatch

AlleyWatch
Public.com
Public.com is a brokerage that allows companies and individuals to buy public stock with any amount of money. Founded by Jannick Malling, Matt Kennedy, Peter Quinn, and Sean Hendelman in 2017, Public.com is backed by investors that include Will Smith, Advancit Capital, Accel, Greycroft, and Scott Belsky and is headquartered in New York.
FOUNDED:2017
FOUNDERS:Jannick Malling, Matt Kennedy, Peter Quinn, Sean Hendelman

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Social stock trading services Public raises $65M Series C – TechCrunch

Social stock trading services Public raises $65M Series C
Less than a year after it raised a $15 million Series B, Public, a social-focused free stock trading service, has raised a $65 million Series C.
The startup is not the only company to raise successive rounds this year. Welcome has managed the feat, along with Skyflow and others. Public’s Series C, therefore, fits into the trend of investors doubling down into startups that they think have potential.
After an initial freeze during the early pandemic months, venture capitalists and other investors accelerated the pace at which they deploy late-stage checks to upstart companies. Public’s Series C typifies the tendency, representing just over 72% of its total fundraising to date.

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