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“#GameStop stock crashes again as Reddit rally fades” GameStop shares plummeted for a second straight day Tuesday as Reddit’s favorite stock continued to ride a massive wave of volatility. The Texas-based retailer’s stock price sank nearly 22 percent to an intraday low of $172.35 after hovering above $200 for three consecutive days. The shares pared…
“#GameStop stock slides after massive weekly gain” GameStop shares see-sawed in volatile trading on Monday following the beloved meme stock’s multi-session rally last week that had racked up massive gains. Shares in the struggling video-game retailer had surged in early trading, rising about 7 percent after the opening bell, but then reversed the gain to…
“#GameStop stock tumbles after wild six-day rally” GameStop’s six-day winning streak looked poised to end Thursday as Reddit’s favorite meme stock shook off some of its recent volatility. The video-game retailer’s stock price moved like a roller coaster in early trading before settling into the red in the early afternoon. The shares clawed back an…
“#Reddit’s ‘meme stock’ crowd is launching a Super PAC” The WallStreetBets crowd is angling to get into the political game. A pair of part-time stock traders has launched a Super PAC to “amplify the voice of the retail investor” as the rise of Reddit-fueled “meme stocks” like GameStop has rattled big hedge funds and caught…
“#GameStop stock extends win streak into sixth day” GameStop shares tried to hang onto a sixth straight day of gains Wednesday as the mother of all meme stocks took investors on yet another wild ride. The video-game retailer’s stock price exploded as much as 41 percent to $348.50, a level not seen since the unprecedented retail trading…
“#GameStop stock surges for 5th day with other ‘meme stocks’” GameStop shares soared their highest level in more than a month Tuesday as the video-game retailer’s pivot to e-commerce added more fuel to Reddit’s favorite “meme stock.” Shares in the Texas-based company surged 26 percent to a peak of $246.35 on their fifth consecutive day…
“#Hedge funds hit hard by Reddit Rally bounced back in February” Some of the hedge funds hardest hit by January’s populist short squeeze have already begun recovering from the pain inflicted by retail traders looking to topple Wall Street, The Post has learned. At least three funds hurt by manic moves in stocks like GameStop…
“#GameStop stock surges as investor Ryan Cohen takes on bigger role” GameStop’s stock price soared Monday as the the struggling video-game retailer revealed that activist investor Ryan Cohen had taken charge of its turnaround. Shares in the Texas-based chain jumped 11 percent to $153.00 in premarket trading as of 8:35 a.m. after it announced that…
“#Robinhood exec wants users to stop worrying about its business model” Beleaguered no-fee trading app Robinhood is now turning to its chief operating officer to help quell backlash over its response to the “Reddit rally” in January. In a Thursday blog post, Robinhood COO Jim Swartwout vowed to “demystify” the company’s controversial practice of selling…
“#GameStop booster ‘Roaring Kitty’ testifies before regulators” Keith Gill, the social media persona known as “Roaring Kitty,” whose online posts helped spark January’s trading frenzy in GameStop shares, appeared before Massachusetts securities regulators on Wednesday to testify as part of an examination into his activities. Massachusetts Secretary of the Commonwealth William Galvin, the state’s top…