Tiffany Hagler-Gear | Bloomberg Getty Images Shares of GameStop rose 11% in prepaid trading on Wednesday as a squeeze by retail traders on Redspit, which looks to revive itself after the fall. …
Read More »Stock futures climb as online traders send silver
US stock futures climbed on Monday, suggesting that the major benchmark would recover some ground after its worst week since October. Silver prices rose. Futures tied to the S&P 500 rose 1.2%. …
Read More »Gametop shares climb 18% in pre-market as frenzy continues in February
The GameStop logo was arranged on a laptop computer on the WallStreetBets forum on the Reddit Inc. website and on a smartphone on Friday, January 29, 2021 in Hastings-on-Hudson, New York, US. …
Read More »Robinhood to continue trading limits on Monday, customers can still buy only one Gametop share
GameStop Corp. on Robinhood application on a laptop computer and a smartphone. Peoples. Tiffany Hagler-Gear | Bloomberg Getty Images Robinhood may have continued to limit trade to low-squeeze names like GameStop on …
Read More »Dow futures fell 270 points after worst week since October
Overnight trading in US stock index futures declined as speculative trading by retail traders continued to take hedge funds at risk and upset investors worried about market bubbles. Last week’s fall resulted …
Read More »Melvin Capital lost 53 percent due to GameStop but was assisted
Melvin Capital, a hedge fund at the center of the Gametop drama, lost 53 percent in January but received a commitment to fresh cash from investors in the last days of the …
Read More »White House To Investigate Gametop Stock Trading
President Biden’s top economic adviser said the administration would take a look at the legal questions surrounding the roller-coaster ride. Gametop last week pitted small-dollar traders against well-heeled hedge fund managers, raising …
Read More »GameStop: Melvin Capital lost more than 50% after placing bets against WSJ
A GameStop Corp. Stores in Rome, Italy on Thursday, January 28, 2021. Alessia Pierdomenico | Bloomberg Getty Images The Wall Street Journal quoted people familiar with the matter as saying, hedge fund …
Read More »Sunday show preview: new COVID-19 variants spread in the US; Redditors move Wall Street with Gamestop stock
Investigations from the Biden administration began amidst the threat of new variants in the US led to coronovirus vaccination and investors are expected to dominate this week’s Sunday Show show on Reddit …
Read More »Texas Investor Game Scope Uses Gaines to Help Sick Children – NBC 5 Dallas-Fort Worth
Between the Wall Street drama surrounding Gametop and Robinhood, some investors who took part in GameStop’s low sales are using their earnings to do good work for others. An investor, who wanted …
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