Thursday 18 March 2021

BBC: Reddit investors adopt 3,500 gorillas in six days



Around 3,500 gorillas have been adopted by Reddit's WallStreetBets (WSB) community in six days.

The Dian Fossey Gorilla Fund International, a charity for the protection of endangered mountain gorillas, has also received more than $350,000 (£252,000) in donations.

Its president Dr Tara Stoinski has thanked the Reddit community for the adoptions. 

She said: "They've truly made a difference for our world." 

The subreddit WallStreetBets gained prominence earlier this year after its users invested in the computer game retailer GameStop and boosted the share price.

The idea was that if enough Reddit users bought GameStop shares, they could drive up the price, hurting hedge funds which had bet against the company. Now the community has decided to help apes.

Read on...

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