Tech companies including WhatsApp and Reddit as well as streaming giant Twitch and gaming firm Roblox could be among more than a dozen sites added to Australia's social media ban for under-16s, the country's regulator said Wednesday.
Reddit to make trading debut on NYSE
It comes amid a slowdown in the tech sector IPOs.Social media plays key role in shaping online trading
"The rapid pace and fervor surrounding social media have introduced volatility into financial markets, leading to instances where stocks, particularly 'Meme stocks,' become overvalued as investors chase short-term gains. Notably, Reddit's r/WallStreetBets played a pivotal role in amplifying this trend," she adds.
Reddit to go public
Reddit submits draft registration with the USSEC.
