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WallStreetBets investors adopted over 2000 gorillas this weekend
Retail investors on the subreddit group helped raise over $265k in online contributions to support wildlife conservation
On a typical weekend, the Dian Fossey Gorilla Fund can expect about 20 people to symbolically adopt a gorilla to support their program to protect the great apes in their natural habitat. The minimum donation for this is $60. But this past weekend, they were in for a surprise.
After the stock market’s closing bell on Friday, members of the Reddit investing group WallStreetBets (WSB)(with time on their hands since the market was closed) began adopting gorillas through the non-profit’s website. By Saturday night, the group had raised over $70,000 for the non-profit, and the fund’s CEO and chief scientific officer, Dr. Tara Stoinski, posted a thank you video to the investment group.
On Monday, the non-profit took to Twitter to spread the word of WSB’s generosity, by which time…