Short-sellers betting against GameStop’s success lost $664 million Wednesday, followed by $1.19 billion on Thursday. The losses come as share prices for the video game retailer...
GameStop share prices surged from around $50 midday Wednesday to $170 Thursday morning in pre-market trading, marking the company’s second massive share spike in 2020. Some...
On Friday, Reddit administrators appeared to resolve what had been described as a “coup” on the WallStreetBets subreddit. The situation began earlier in the week when...
After billionaire Elon Musk tweeted the word “Doge,” prices for the joke cryptocurrency Dogecoin immediately soared from four cents to almost six cents. Last week, Musk...
Robinhood co-CEO Vlad Tenev will reportedly testify before the House Financial Services Committee on Feb. 18. Committees in both the House and Senate have announced investigations...
The Securities and Exchange Commission is “closely monitoring” GameStop and online trading platforms following a highly volatile week in the stock market. “The Commission will closely...
The Robinhood app has restricted users from buying new stocks in GameStop, AMC, Blackberry, Nokia, Bed Bath & Beyond, and other companies, citing “recent volatility.” It...
Shares of GameStop opened at $350 on Wednesday, a massive increase from $4 share prices last summer. Meanwhile, shares for the theater chain AMC opened at...
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Apple and Tesla’s shares saw big bumps after stock splits on Monday. Apple saw a gain of 3% while Tesla closed up 12%. After these splits,...
