Text size A GameStop store in Manhattan Michael M. Santiago / Getty Images GameStop The wild ride of stocks continued Thursday. After cutting a third of its value on Wednesday, the stock …
Read More »GameStop Shares Bounce As Meme Stocks Rebound
Toyota and Honda close U.S. factories as perfect storm disrupts supply chains
Toyota Motor Corp. TM 0.26% , Honda Motor Corp. and Samsung Electronics Co. He said supply chain problems were complicating their businesses as abnormal weather, port blockades and the ongoing impact of …
Read More »Sonos needed to get it up and running
Sonos announced a new speaker this week: a $ 169 device called the Roam. Photo: Sonos March 10, 2021 6:00 am ET The pandemic was a mixed blessing for Sonos, but at …
Read More »GameStop stocks were reaching new heights, but meme stocks just plummeted
On Wednesday, GameStop Corp. shares were on track to hit their highest closing price in history and their longest winning streak since the video game retailer’s shares became the model for Reddit-inspired …
Read More »Cathie Wood’s ARK face test as tech rally cools
The stock market’s rapid turn against technology and other growth stocks has presented star stock picker Cathie Wood and her firm, ARK Investment Management LLC, the toughest test yet. The firm’s five …
Read More »Technological actions escape the territory of correction
Text size The Nasdaq Composite is down 4% this week. Dream time Tech stocks briefly touched “correction” territory on Friday, as the recent drop in the Nasdaq Composite extended beyond 10%. At …
Read More »Cathie Wood’s ARK investment faces a reckoning as tech trading stalls
ARK Investment Management LLC’s winning bets on disruptive technology companies cemented Cathie Wood’s status as Wall Street’s most popular fund manager since Peter Lynch or Bill Gross. Now those tactics threaten to …
Read More »Cathie Wood’s ARK ETF just entered a bear market, a sign of the times?
ARK Investment, one of the fastest growing fund managers in 2020, has just seen its flagship company enter a bear market, highlighting a strong selloff in growing tech-related stocks amid a persistent …
Read More »ARK ETFs were all the rage and competitors emerged. Now they are all falling.
Cathie Wood, Founder of ARK Investment Management Courtesy of ARK Invest Text size ARK Invest’s hot, publicly traded funds suffered a major setback this week. In its worst week since last March, …
Read More »GameStop shares are on track for a 200% weekly gain, only their second best week
Shares in GameStop Corp. looked relaxed in Friday morning trading compared to recent days, but the stock is still on track for its second best week of what has been a tumultuous …
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