Reddit WallStreetBets Founder Calls GameStop Stock Frenzy A ‘Symbolic Movement’

Day traders on the Reddit community r/WallStreetBets, founded by Jaime Rogozinski, drove up the price of GameStop and other stocks, setting up a standoff with Wall Street.

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Jaime Rogozinski says he saw the GameStop chaos coming.

“It’s fascinating to watch,” said the founder and former moderator of WallStreetBets, the now-famous Reddit online forum that recently sent shares of GameStop, AMC and other beleaguered companies soaring in a battle with hedge funds betting the shares would fall.

“This is a great conversation that the whole world is having right now,” he said in an interview with All Things Considered.