Reddit ran a 5-second Super Bowl ad in honor of WallStreetBets, GameStop stock volatility




  • In Business
  • 2021-02-08 12:45:09Z
  • By USA TODAY

While you were grabbing another slice of pizza or refilling your beverage during last night's Super Bowl, you may have missed Reddit's very brief ad.

The spot that aired during the big game ran for only five seconds, consisting simply of a message paying tribute to the users involved in the GameStop stock frenzy.

Several users from the subreddit r/WallStreetBets helped rally shares of GameStop and other companies such as AMC this year, burning hedge funds who were trying to short sell the stock.

"Wow, this actually worked," reads the title of the ad, which broke into what looked like a car commercial with what resembled a post on Reddit's website.

The r/WallStreetBets forum on Reddit captured the attention of Wall Street with its role in the surge in the shares of struggling video retailer GameStop this week.
The r/WallStreetBets forum on Reddit captured the attention of Wall Street with its role in the surge in the shares of struggling video retailer GameStop this week.  

"One thing we learned from our communities last week is that underdogs can accomplish just about anything when they come together around a common idea," reads an excerpt of the Reddit message. "Who knows, maybe you'll be the reason finance textbooks have to add a chapter on 'tends.' Maybe you'll help r/SuperbOwl teach the world about the majesty of owls."

If you want to watch for yourself, Reddit posted the ad on its Twitter account.

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Follow Brett Molina on Twitter: @brettmolina23.

This article originally appeared on USA TODAY: Reddit's 5-second Super Bowl LV ad honors users in GameStop stock push

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