GameStop, AMC Trading Now Being Restricted at TD Ameritrade, Schwab
Some major brokerage houses have begun to respond to a frenetic surge in the price of shares of companies that has been attributed to rabid buying by individual investors on social-media platforms. From a report: On Wednesday, TD Ameritrade said it w.....»»
Investors don’t seem that impressed by Apple’s $111 billion quarter
On Wednesday, Apple announces that it had banked $111.4 billion of revenue in a single quarter, beating investor expectations and blowing past its previous all-time revenue record. Investors yawned with the stock down slightly in after-hours trading.....»»
How trading apps are responding to the GameStop fustercluck
The furor surrounding GameStop and its stock price has consumed social media, business television, and the hopes and dreams a many retail investors. It has even convinced some folks that causing short-term economic damage to a few hedge funds is simi.....»»
Former SEC Chairman Calls For an Agency Investigation Into Online Stock Trading Platforms
Arthur Levitt Jr., a former chairman of the U.S. Securities and Exchange Commission, writes at Bloomberg Opinion: They say history occurs first as tragedy, then as farce -- I fear we're about to see that in U.S. financial markets. Two decades ago, U......»»
GameStop, AMC Trading Now Being Restricted at TD Ameritrade, Schwab
Some major brokerage houses have begun to respond to a frenetic surge in the price of shares of companies that has been attributed to rabid buying by individual investors on social-media platforms. From a report: On Wednesday, TD Ameritrade said it w.....»»
GameStop, meme stocks, and the revenge of the retail trader
GameStop shares are set to rally 70% this morning when trading starts, and AMC shares opened up 300%, extending a run that has perplexed market observers, irked hedge funds, and generally made crypto’s recent gains appear soft and weak. Being a.....»»
The complete moron’s guide to GameStop’s stock roller coaster
How does this epic rally end? And can it be repeated? Enlarge / Pop goes the bubble... (credit: Aurich Lawson / Getty Images) Last week, an epic short squeeze had driven GameStop stock up to $40 a share, a roughly 1,500 percent increase from i.....»»
Could meme stocks like GameStop kill bitcoin’s rise?
Cryptocurrencies, more so than most other things, are only valuable because of a shared agreement that they are valuable. Their value is a product of digital handshakes over millions of transactions firming up that consensus. For bitcoin, the trust t.....»»
Gamestop: "Failing" firm soars in value as amateurs buy stock
Shares in a games company have soared more than 300% - the result of a fight between private and professional investors......»»
GameStop stock hits record high (again!) as Reddit group causes mayhem
Video game retailer GameStop's stock rose by nearly 70 percent on Friday causing a halt in trading. The price spike in the company’s market value was attributed in part to a group of day traders on the subreddit r/wallstreetbets, which led to a scr.....»»
Gamestop, memestocks, and the revenge of the retail trader
Gamestop shares are set to rally 70% this morning when trading starts, and AMC shares opened up 300%, extending a run that has perplexed market observers, irked hedge funds, and generally made crypto’s recent gains appear soft and weak. Being a.....»»
AMC Spikes 260% as Day Traders Ignite Shorted Stocks like GameStop, BlackBerry, and Bed Bath & Beyond
AMC shares skyrocketed as much as 260% in premarket trading on Wednesday as day traders piled into heavily shorted stocks for a third consecutive day. From a report: Frenzied buying also drove GameStop shares up as much as 147%, BlackBerry up 31%, an.....»»
GameStop Jumps After Hours As Elon Musk Tweets Out Reddit Board That"s Hyping Stock
Tesla CEO Elon Musk seemed to rally behind GameStop's epic surge on Tuesday, tweeting out a link to the Reddit board that's largely hyped the stock. CNBC reports: Shares of GameStop, which jumped 92.7% Tuesday, were up more than 60% in after hours tr.....»»
GameStop Stock Jumps To New Record
GameStop shares surged to a record Monday, before pulling back and giving up much of their gains, the latest sign that frenetic trading by individual investors is leading to outsize stock-market moves. From a report: Class A shares of the Texas-based.....»»
GameStop stock hits record high as Reddit group causes mayhem
Video game retailer GameStop's stock rose by nearly 70 percent on Friday causing a halt in trading. The price spike in the company’s market value was attributed in part to a group of day traders on the subreddit r/wallstreetbets, which led to a scr.....»»
Trump releases gambler, car dealer Billy Walters
Walters, 74, served four out of five years of his federal prison sentence for an elaborate insider-trading scheme. It's unclear whether Walters still owns car dealerships......»»
CarLotz shares start trading after reverse merger
The company began trading shares Friday under the "LOTZ" ticker symbol. CarLotz CEO Michael Bor said going public should help raise the online used-car retailer's profile and visibility......»»
Hims, the telehealth startup, saw its shares slip in their trading debut — and that’s fine with its CEO
Hims & Hers, a San Francisco-based telehealth startup that sells sexual wellness and other health products and services to millennials, began trading publicly today on the NYSE after completing a reverse merger with the blank-check company Oaktree Ac.....»»
Telehealth startup Hims fell in its public trading debut — and that’s fine with its CEO
Hims & Hers, a San Francisco-based telehealth startup that sells sexual wellness and other health products and services to millennials, began trading publicly today on the NYSE after completing a reverse merger with the blank-check company Oaktree Ac.....»»
China says it is a "victim" after Twitter locks embassy account
China says that it is a "victim" of misinformation after Twitter restricted the account of the Chinese embassy in the United States......»»
Gaming the System: How GameStop Stock Surged 1,500% In Nine Months
An anonymous reader quotes a report from Ars Technica: Nine months ago, GameStop stock bottomed out at $2.80 a share, a reflection of the myriad problems facing the retailer specifically and brick-and-mortar game retail as a whole. As of Tuesday morn.....»»