Reddit went down for many users as GameStop stock soared again

Steven Asarch
·1 min read
reddit down wallstreetbets gamestop
Reddit is currently experiencing connection issues Reddit
  • On Wednesday, Reddit went down for many users around the globe.

  • The outage occurred at the same time that GameStop stock surged in price.

  • Reddit's WallStreetBets community famously boosted the stock in January.

  • Visit Insider's homepage for more stories.

Reddit, the social media hub and forum, is currently experiencing outages across the globe.

The website started experiencing issues at around 4 p.m. EDT, according to Down Detector. Many users on mobile and PC cannot access any of the subreddits or sites. The exact reason is still unknown.

Is Reddit down? Users experiencing connection issues

At around the same time, GameStop stock surged, increasing over 100% in value in under an hour. When the stock halted selling for around 20 minutes, many traders and online sellers rushed over to Reddit to share their discontent. WallStreetBets, the subreddit dedicated to throwing money at the stock market and hoping it comes back, has become a major hub for GameStop trading and a place to communicate about it. The community helped spark the original January GameStop buying event that flummoxed Wall Street and inspired a congressional hearing.

Users over the past hour have reported seeing error messages saying "our CDN was unable to reach our servers." The error indicates that the issue is with Reddit itself rather than any user's connection.

Those online who can't share their thoughts on Reddit have moved to Twitter to share their discontent and confusion.

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A Reddit spokesperson said that users can check reddit status hereand that "the site is back up."

Read the original article on Insider