Story in Brief:
In just six days, the WallStreetBets (WSB) group on Reddit has adopted over 3,500 gorillas. The Dian Fossey Gorilla Fund, a charity dedicated for the protection of endangered mountain gorillas, has received more than $350,000 (£252,000) in donations.
Users on Reddit have been adopting apes and contributing to organisations such as the Dian Fossey Gorilla Fund and the World Wildlife Fund. The funds will be used to support the field programs, where they track, monitor and study gorillas in their natural habitats. The charity’s president Dr Tara Stoinski thanked WSB for their incredible support in a video which was posted on the subreddit and upvoted more than 159,000 times. Many WallStreetBets members refer to reach other as “apes” and “Apes together strong” is a popular catchphrase on the forum.
Reddit users found that GameStop, a company which holds a lot of sentimental value to humans, was being retaliated by purchasing stocks and pushing up the price. As a result of this, the short sellers were forced to buy back shares at a higher price. A lot of the investors who profited from this event were everyday people. Naturally, these individuals paid off their debts and purchased houses and cars.
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