Robinhood, the brokerage of alternative for legions of on-line day merchants, is in talks with securities regulators and different authorities on quite a lot of points, together with final month’s…
GameStop shares rose as a lot as 76 % in early exchanges Thursday, in a second day of unstable buying and selling for online game retailers that was on the…
A lot of the panelists had been main gamers over a two-week interval final month, when thousands and thousands of small traders bought into rivalry with one another by way…
A younger day dealer who glided by the display identify Roaring Kitty and located himself on the middle of the frenzy of GameStop inventory buying and selling will make his…
Kenneth C. Griffin, the supervisor of billionaire hedge funds, could also be one of many leaders testifying at subsequent week’s Congressional listening to of the latest madcap trade in GameStop…
Earlier than feeding the prep into GameStop’s inventory, WallStreetBets, Reddit’s message board, had one other declare to fame: helped to popularize a collection of memes centered on Federal Reserve Chairman…
Cohen argued that GameStop might thrive by lowering actual property prices and making the corporate’s on-line providing extra engaging. It had “aggressive costs, broad collection of video games, quick delivery…
Melvin Capital Administration, one of many particular funds pilloried on social media message boards for its short-selling stakes as GameStop shares fell, misplaced 53 % on its portfolio in January,…
Few would have seen what was coming. Simply final month, GameStop was a comparatively dormant inventory market, bouncing round $ 15 and $ 20 per share as the corporate went…
It was like a hurricane. Newbie traders, concentrating on shares that professionals had described as useless, supply shares in a rising variety of corporations. By the top of the week,…