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“#GameStop documentary in the works” A documentary about GameStop is the latest project set to chronicle the “Reddit rally” that took the stock market by storm in recent weeks. Non-fiction and television studio XTR and documentary production company Optimist are joining forces on a feature documentary about the short squeeze movement that pushed shares of…
“#GameStop, AMC shares jump after Robinhood lifts restrictions” Two of Reddit’s favorite “meme stocks” jumped early Friday after Robinhood lifted trading limits that it imposed amid last week’s market mayhem. GameStop shares climbed 5 percent to $56.20 as of 7:08 a.m. while cinema chain AMC Entertainment rose 3.2 percent to $7.32 in premarket trading, clawing…
“#GameStop stock plummets as Reddit rally spreads to pharmaceuticals” The market’s GameStop fever appears to have broken, but other stocks are now starting to feel a bit warm. Shares in the much-discussed video game retailer were down over 33 percent by midday Thursday, adding to a steep decline that has the key player in the…
“#Publishers scramble to sign ‘Reddit rally’ authors: sources” The media world is salivating over the “Reddit rally.” As Hollywood moves to write the screenplay, Big Apple book publishers are scrambling to sign authors to cover the bizarre trading phenomenon, sources said. At least three proposals are circulating for book deals on how cheap stocks like…
“#Brett Ratner’s RatPac buys WallStreetBets founder’s story” The man behind the message board that sparked a stock market revolution has sold his life story to director Brett Ratner’s film production company, a new report says. Jaime Rogozinski, the founder of Reddit’s WallStreetBets forum, made the deal earlier this week with Ratner’s RatPac Entertainment, whose roster…
“#Watch Robinhood’s awkward Super Bowl 2021 commercial” This is awkward. Trading app Robinhood — facing a PR crisis for its role in killing the “Reddit rally” — announced on Wednesday that it will be airing a commercial during Super Bowl for the first time ever. The 30-second spot, which the company previewed on it website,…
“#GameStop surge helps IT worker turn stimulus cash into $36K” Reddit’s war on Wall Street helped a California IT worker turn his coronavirus stimulus check into a $36,000 windfall, he told The Post. The modest stock portfolio that Arya Hamzelou claims he opened with his family’s relief payment ballooned thanks partly to the social-media-fueled surge…
“#Redditor behind GameStop rally says he lost $13M in one day” “DeepF—ingValue” went deep in the red. The Reddit user who helped spark the explosive rally in GameStop’s stock price said he lost more than $13 million in a single day as the shares crashed. Keith Gill — the Massachusetts man better known as DeepF—ing…
“#’Wolf of Wall Street’ Jordan Belfort rallies behind Reddit uprising” He’s the Wolf of WallStreetBets. Infamous stock broker Jordan Belfort threw his support behind the Reddit-fueled revolution in America’s financial markets, saying it would bring about “radical change.” “I believe this is a paradigm shift right now,” Belfort — the inspiration for the hit film…
“#GameStop stock plunges for second straight day” GameStop’s stock price dropped sharply for a second straight day on Tuesday in a sign that the retailer’s Reddit-fueled rally is losing steam. The Texas-based video-game chain’s shares plunged more than 32 percent to $152.40 in premarket trading as of 7:20 a.m. on the heels of a nearly…