Steve Huffman, CEO of Reddit, defended the role the discussion platform in the surge of GameStop shares last month. Testifying before a Congress panel, Huffman said Reddit didn’t detect any significant bot-driven activity on the WallStreetBets subreddit. In January, Redditors triggered a buying frenzy last month for undesirable stocks. At one point, GameStop stocks surged to 2,700% of its value.
Redit is just a leftist echo chamber at this point. No point in using it.