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Thinknum's service, which kicked off last week, is one of the most expensive that it offers to clients, costing just under $25,000 a year, to track the number of times New York Stock Exchange listed companies, and those on the Nasdaq, are called out on sites like or other Reddit sub reddits. Demand has been massive we've received over 100 inbound requests from hedge funds in the last few days, wrote the Thinknum marketing director. Thus far the interest in these pricey products come from fund managers but the company says it also is fielding inquiries from institutional investors looking for an insurance policy to protect themselves from Reddit. The moves by the alternative data company come as game retailer GameStop and other companies, like movie chain AMC Entertainment and headphone mak
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