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“#Jordan Belfort has investing advice for the Reddit crowd” Jordan Belfort, the infamous stockbroker who inspired the hit 2013 film “The Wolf of Wall Street,” is hosting a new documentary for the Discovery+ streaming service about the wild rise and fall of GameStop’s stock. Discovery took notice when Belfort weighed in as the GameStop saga unfolded,…
“#GameStop reportedly initiates search for new CEO” GameStop is looking for a new chief executive to replace George Sherman as it pivots from being a brick-and-mortar video game retailer to an e-commerce firm, three people familiar with the matter said on Monday. It would be the biggest shakeup at GameStop since Ryan Cohen, the co-founder…
“#GameStop stock jumps after plans to make Ryan Cohen chairman” GameStop announced plans Thursday to make activist investor Ryan Cohen its chairman, a move that drew praise from Reddit traders and boosted its stock price. The Texas-based video-game retailer said its board of directors would elect Cohen — the Chewy.com founder who took a stake…
“#GameStop stock plunges as retailer plans $1B share sale” GameStop’s stock price tumbled Monday as Reddit’s favorite retailer announced plans to sell up to $1 billion worth of shares while touting increased sales. The beloved meme stock plunged nearly 11 percent to $170.56 in early trading after it revealed the planned share sale, which will…
“#GameStop shares plummet after lackluster earnings report” GameStop’s stock price took a nosedive Wednesday as Reddit and Wall Street tried to suss out the struggling retailer’s future. Shares of the cult meme stock plummeted as much as 22 percent to $141.27 — the lowest price since March 5 — after GameStop reported lackluster holiday sales while…
“#GameStop misses Q4 sales expectations, hires Amazon exec” GameStop shares tumbled on Tuesday despite a slew of high-profile hires after it reported weaker-than-expected quarterly sales during the period that coincided with the most euphoric days of the “Reddit rally.” Shares of the video game retailer plunged more than 11 percent in late trading after it…
“#GameStop loses second senior exec amid shakeup” Ryan Cohen’s GameStop overhaul continued with a second executive departure on Tuesday. The video game retailer’s chief customer officer Frank Hamlin will resign from the company on March 31 — second top executive to leave GameStop since it brought on Cohen to spearhead the mall-based retailer’s transition to…
“#Jordan Belfort to host GameStop documentary for Discovery+” Jordan Belfort — the infamous stockbroker who inspired the hit film “The Wolf of Wall Street” — is set to host a new documentary on the sharp rise of GameStop’s stock for Discovery’s new streaming service. The hour-long documentary, slated to air on Discovery+ with the working…
“#GameStop to release first earnings report since ‘Reddit rally’” GameStop, the videogame retailer that took center stage in the “Reddit rally,” is about to give investors a fresh look at its actual business. On Tuesday, the company is slated to release its first quarterly earnings report since traders on Reddit message boards encouraged rookie investors…
“#WallStreetBets founder signs with Hollywood talent agency” Jaime Rogozinski, the founder of WallStreetBets, is going to Hollywood with his tale of the Reddit forum that shook up Wall Street. Rogozinski signed with United Talent Agency, the home of Jessica Alba, Kevin Hart and Seth Rogen, according to reports. UTA confirmed the news. Rogozinski is looking to…