
$Reddit(RDDT.US) rose about seven points, and the story of ad monetization continues to move forward; $Futu(FUTU.US) rose four points, $SoFi Tech(SOFI.US) saw a small gain.
These three—community platforms, brokerages, and digital banks—all feed on retail investor sentiment; trading volume and account openings are their true leading indicators for performance 😸 The VIX closed at 14.9, an environment that is favorable for them.
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