U.S. social media users who made stock investments 2021
According to a January 2021 survey of social media users in the United States, around five in ten users of LinkedIn reported having money invested in the stock market. Reddit users were also more likely to have made stock investments in the past, as 52 percent of the respondents belonging to the Reddit's community reported having money personally or jointly in the stock market. In January 2021, Reddit users belonging to the subreddit r/wallstreetbets came together in a coordinated buying of GameStop shares in order to deliberately increase the losses of hedge funds that had expected the price would decrease.