A GameStop store in Hollywood, California, busy with customers waiting in line to enter the video game retailer on January 27, 2021. AaronP | Bauer-Griffin | GC Images | Getty …
GameStop
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Robinhood has added new limits to its app to restrict users from buying or trading any of the popular Reddit r/WallStreetBets stocks, including GameStop ($GME), AMC ($AMC), BlackBerry ($BB), Bed …
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Bloomberg Hedge-Fund Titans Lose Billions to Reddit Traders Running Amok (Bloomberg) — For once, Main Street is beating Wall Street.In a matter of weeks, two hedge-fund legends — Steve Cohen …
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Reddit co-founder calls GameStop frenzy a ‘bottom-up revolution,’ shifting power to small investors
Reddit’s Alexis Ohanian said Thursday that the GameStop stock-trading frenzy, originating in large part on the online platform he helped create, is a turning point in the U.S. investing landscape. …
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Ramin Talaie | Bloomberg | Getty Images GameStop soared yet again, topping $490 apiece in premarket Thursday, as the Reddit-driven retail momentum continued to heat up. Shares of the brick-and-mortar video …
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Text size Greenwich, Connecticut is home to many U.S. hedge funds. Getty Images Global stocks were bruised on Thursday, reacting to the forced selling by hedge funds after the unprecedented …
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The Gamestop saga has taken another unexpected twist. The GameStop saga has taken an unexpected twist, with shares plunging after an investor forum on Reddit closed temporarily. The wallstreetbets public …
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A GameStop store in New York. Scott Mlyn | CNBC GameStop and AMC Entertainment tumbled in overnight trading on Wednesday, set to give back some of the meteoric rally amid …
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Subreddit r/WallStreetBets has been the talk of the Internet this week, as its members have driven GameStop’s stock prices from around $20 to over $300. The community brands itself as …
- Finance
Reddit group WallStreetBets behind massive GameStop, AMC run-ups goes private, invitation required
Rafael Henrique | SOPA Images | LightRocket via Getty Images “Wallstreetbets” Reddit chat room, where retail investors marshal against short sellers, went private on Wednesday evening, limiting access to outsiders. …
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Text size In the case of GameStop, regulators may end up looking for market manipulation–though that can be a hard case to make. Davidtran07/Dreamstime The Securities and Exchange Commission said …
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Wednesday, January 27, 2021 This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox …
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Facebook’s logo displayed on a phone screen and keyboard. Jakub Porzycki | NurPhoto via Getty Images Check out the companies making headlines after the bell: Facebook — Shares of the …
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(Bloomberg) — Democratic Senator Elizabeth Warren pressured the Biden administration’s financial regulators to crack down on Wall Street, citing frenzied volatility in shares of GameStop Corp. over the past week …
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A customer holds a GameStop shopping bag inside a store in San Francisco. David Paul Morris | Bloomberg | Getty Images Wall Street has been watching GameStop in awe as …
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Melvin Capital had been betting on the demise of GameStop, a company that, in fairness, sucks and is bound to fail sooner or later. Mets owner Steve Cohen chipped in …
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Check out the companies making headlines in midday trading. GameStop — The gaming retailer’s shares continued their rally, as the stock price more than doubled to surpass $360, up 140%. …
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The Robinhood investment app is see on a smartphone in this photo illustration on June 24, 2020 in Washington,DC. Jim Watson | AFP | Getty Images Amid a frenzy of …
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The incredible gains in GameStop were too much for short seller Melvin Capital. Fund manager Gabe Plotkin recently told CNBC he closed out his short position in retailer GameStop. Bearish …
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Street performers in Minnie Mouse costumes pass in front of an AMC movie theater at night in the Times Square neighborhood of New York, Oct. 15, 2020. Amir Hamja | …
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TipRanks J.P. Morgan: 2 Auto Stocks That Can Charge Forward in 2021 The US auto industry is looking up, despite the COVID pandemic – and that has car watchers and …
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The world’s richest man did not do much except a one-word tweet and link to a Reddit page called “Wallstreetbets”. Tweets from Elon Musk and Chamath Palihapitiya seem to have …
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Amateur investors piled further into niche stocks on Tuesday, sending professional short sellers scrambling to cover losing bets, with GameStop skyrocketing for a fourth straight day, thanks in part to …
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Text size GameStop stock’s epic run has caught the attention of Tesla CEO Elon Musk. Saul Martinez/Getty Images GameStop stock’s epic run has caught the attention of Tesla CEO Elon …
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Text size Dillard’s Dreamstime GameStop stock has risen over the past few weeks for a number of reasons: exuberance from new retail traders, some enthusiasm over its plans for the …
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‘Big Short’ Investor Who Once Touted GameStop Calls Rally ‘Unnatural, Insane, and Dangerous’
Text size Michael Burry, head of Scion Asset Management and a major character in The Big Short film that was based on Michael Lewis’ book of the same name. Astrid …