When amateur traders on social network website Reddit sent shares in US video game retailer Gamestop rocketing in January 2021, both professional and retail traders started scouring the r/wallstreetbets forum to try to get a whiff of what the next big meme stock. No longer were financial statements alone sufficient
Web scraping gives fresh insight and impetus to investment strategies
Uncovering data on social media that could reveal the next big stock is becoming increasingly important. How do investors track that data down?