Why did WallStreetBets discuss Nvidia’s stock during the drop?

During the significant drop in Nvidia’s stock on January 27, 2025, retail investors turned to platforms like Reddit’s WallStreetBets for discussion and analysis. The stock had dipped nearly 17%, primarily due to fears over competition from the emerging AI model, DeepSeek. As Nvidia’s stock became the center of attention, WallStreetBets saw a surge in mentions, with discussions increasing by over 175%. Many users saw the drop as an opportunity to buy in, demonstrating how social media platforms can amplify retail investor movements. The forum provided a space for individuals to share their thoughts on Nvidia’s potential, boosting confidence among small investors who were undeterred by the market’s volatility. This behavior mirrored past trends where coordinated retail efforts led to significant movements in stock prices, such as the meme stock frenzy of 2021. For more details, check the full article here: https://scvgosir.blogspot.com/2025/01/retail-investors-buy-nvidia-shares-amid.html

Retail Investors Buy Nvidia Shares Amid Major Sell-Off