GameStop
Why did the SEC release a report on GameStop?
The The SEC has released a report examining the frenzied trading in shares of retailer GameStop Corp, and other ‘meme’ stocks, in January, and recommended some areas fo...
US SEC praises equity market structure, absolves short sellers in GameStop report
The US markets functioned well during January’s GameStop volatility, while short selling was not the main cause of the unprecedented rise in the ‘meme stock,’ acc...
GameStop shares drop as executives mum on turnaround plan details
GameStop Corp, at the center of this year’s “meme stock” trading frenzy, reported a 25% jump in quarterly sales but failed to lay out fresh details about how it p...
Meme stocks soar in late day trading surge, short sellers knocked
Shares of several retail trading darlings, including AMC Entertainment and GameStop, surged in heavy volume yesterday, on no apparent news, dealing over $1 billion in losses to sho...
Reddit valued at $10 billion in new funding round
Reddit will raise up to $700 million in a fundraising round led by Fidelity Management, the social media network has said, cashing in on a jump in its influence in the financial wo...
Robinhood shares dive; filing sparks worries early investors could sell
Shares of Robinhood Markets Inc have tumbled, snapping a four-day winning streak, after the newly public online brokerage said early investors may sell nearly 98 million shares.
Robinhood, gateway to ‘meme’ stocks, raises $2.1 billion in IPO
Robinhood Markets Inc, the owner of the trading app which emerged as the go-to destination for retail investors speculating on this year’s “meme’ stock trading fr...
GameStop lures Amazon talent with grand plans and no frills
GameStop’s Chairman Ryan Cohen made a point of doing away with corporate excess such as a company plane and used the allure of rebuilding the videogame retailer to recruit Am...
GameStop jumps more than 16% as ‘meme’ stocks roar higher
Shares of GameStop soared 16.3% on Tuesday after hitting their highest level since late March, and other so-called “meme” stocks also rallied as investors shifted back ...
Buffett and Munger criticise Robinhood for casino-like atmosphere
Warren Buffett on Saturday likened the millions of inexperienced day traders who entered the stock market in the past year to gamblers, and said commission-free brokerages such as ...
Reddit recovers from outage amid heavy trading in GameStop
Reddit recovered from an hour-long outage that affected thousands of users on Wednesday afternoon as volatility returned to stocks that were previously at the center of a slugfest ...
GameStop frenzy sparks fresh investment in stock-trading apps
The recent trading frenzy centred on GameStop and other “meme” stocks is sparking a wave of investor interest in start-ups aiming to mimic the success of Robinhood, whose no-fee br...
YouTube streamer to testify on GameStop alongside hedge fund managers
The YouTube streamer known online as ‘Roaring Kitty’, who helped drive a surge of interest in GameStop, will testify before a US House panel on Thursday alongside top h...
GameStop: Wall Street versus the people of Reddit
On three hours of sleep and with no time to eat, one New York-based hedge fund manager overseeing billions in assets called last week the most stressful of his life.
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