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“# GME drops 14% as GameStop announces plans to sell up to 3.5M shares ” GameStop Corporation, an American gaming and consumer electronics retailer, has announced its plans to sell up to 3.5 million GME shares following the stock’s massive and controversial rally. The firm announced Monday that it has filed a prospectus supplement with…
“# Hot DOGE nips at the heels of r/Bitcoin on Reddit ” Despite Dogecoin under-performing this past week when compared to other leading crypto assets, DOGE’s community has been among the most active on Reddit. According to data compiled by Skew and tweeted by Messari researcher Mira Christanto, r/dogecoin has been the third-most active crypto…
“#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…
“# Coinbase’s Reddit AMA: ‘It’s like Amazon in the early days’ ” The CEO of U.S. crypto exchange Coinbase Brian Armstrong has apologized for poor customer support and revealed the company could integrate with DeFi protocols in a comprehensive Ask Me Anything session on Reddit. The Reddit AMA (Ask Me Anything) posted on March 17…
“#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…
“# Bitcoin can be sent with a tweet as Bottlepay Twitter app goes live ” Twitter users can now send Bitcoin (BTC) with a single tweet, after digital payments app Bottlepay launched its integrated Bitcoin social media feature. Transactions between Twitter users can now apparently take place using the simple tweet template “@bottlepay send 1,000…