Friday, 24 March, 2023

Reddit faces outage after heavy trading in GameStop

<p>Reddit reported an hour-long outage affecting thousands of users. Over 52,000 reports of people facing issues with the platform were reported by Downdetector. The outage happened as instability returned to stocks including GameStop and AMC that was at the centre of a slugfest between retail traders and Wall Street. The social platform is now more famous for its day-trading forum where individual traders recently triggered a rally in many shorted stocks.</p> <p>&nbsp;</p>