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“#GameStop shares tumble as Reddit-rally surge dies down” Shares of video game retailer GameStop tumbled nearly 20 percent Tuesday to their lowest levels since the start of a retail investor-led surge that echoed across Wall Street. Investors who followed the popular Reddit forum WallStreetBets helped push shares of GameStop to a closing high of $347.51…
“#’Reddit Rally’ yields 2 book deals, 3 movie deals in wild week” The media frenzy on the so-called “Reddit Rally” is almost as wild as the stock market gyrations that have gripped GameStop and AMC over the past two weeks. So far, at least two book deals and three movies deals are in the works….
“#Reddit doubles valuation to $6B amid WallStreetBets frenzy” Reddit has doubled its valuation to $6 billion as the social network’s role in the recent stock market revolution thrust it into the spotlight. San Francisco-based Reddit said Monday that it raised more than $250 million in additional funding from a group of new and existing investors…
“#What I Learned From The Gamestop Stock/WallStreetbets Fiasco! How I Had A Chance For Rapid, Once In A Life Time Wealth Gain & Lost It!” So, I’ve been wanting to talk about this whole event ever since it started. How I felt and what I did when diamond-handed apes took over and made the Wall…
“#Here’s Every GameStop Movie & Show Currently in the Works – /Film” Hollywood loves a bandwagon, and the big “Redditors vs. Wall Street” story which has captivated the country after a surge in GameStop stock prices is the latest trend that studios and production companies desperately want to capitalize on. There have been no less…
“#Reddit takes out 5 second Super Bowl ad with nod to GameStop saga” Blink — and you could have missed Reddit’s Super Bowl 2021 ad. The social media website took out a 5 second commercial that included a shoutout to “underdogs” — in an apparent nod to the recent Redditor-fueled GameStop frenzy. “Big game spots…
“#How AMC staved off bankruptcy before Reddit rally” AMC Entertainment CEO Adam Aron has wowed corporate America with his unusual plan to keep the pandemic-plagued theater chain afloat by selling loads of stock to small investors. But getting on the right side of the “Reddit rally” wasn’t always easy and sometimes required Aron to clash…
“#New Robinhood regulations would stiff ‘little guy’” The GameStop-Robinhood stock-trading frenzy could take another bizarre turn thanks largely to some legislative “solutions” being weighed, allegedly to protect small investors. But if any of this stuff makes it into law, it will be the “little guy” who gets screwed, and this time for real. The end…
“#Trump’s ‘Art of the Comeback’ book surges in value on Amazon” It’s bigger than GameStop. Former President Trump’s 1997 book “The Art of the Comeback” is now selling for $900 on Amazon. It sold for $25.95 at the time of its release. That’s a 3,300% profit it you have a copy to sell. The book,…
“#Reddit traders may not have been the only ones boosting GameStop” Reddit’s army of retail traders might not have been only force behind the unprecedented GameStop rally that turned Wall Street upside down, new data show. GameStop was “notably absent” from the list of 10 stocks that retail investors bought the most in January despite…