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“#Some GameStop traders think stock will surge to $800 in one day” Some GameStop traders think the so-called meme stock will build on this week’s surprise surge — by skyrocketing to $800 in a single day. The most popular GameStop options contract on Thursday was a bet that the shares would climb to that price…
“#Tesla stock has ‘significant’ link to Reddit posts: analyst” Tesla might be the biggest meme stock of them all. The electric-car maker’s stock price appears strongly connected to how many people are talking about it on Reddit’s WallStreetBets forum, Barclays analysts say. After scraping data from the foul-mouthed message board behind the recent GameStop frenzy,…
“# Coinbase public listing filing details 2020 revenue, major a16z stake ” As Coinbase plans to pursue a direct listing on the stock market, which would see its existing shares be traded on American stock exchanges, the exchange has submitted an S-1 report with the SEC, which details all the relevant data that would help…
“#GameStop stock explodes for second day, Reddit cheers” GameStop’s stock price exploded again Thursday as Reddit’s army of retail traders launched a second salvo in its rebellion against Wall Street. Shares in the video-game retailer surged 101 percent to an intraday peak $184.64 after more than doubling in a wild Wednesday session, adding as much as $9.7 billion…
“#Michael Bolton invites Robinhood users to break up with their app” A rival to Robinhood is encouraging users to dump the stock-trading app in favor of its own — and it’s tapping Michael Bolton to seal the deal. Public — a New York-based startup that’s looking to capitalize on Robinhood’s recent trouble with regulators and…
“#Lucid Motors SPAC shares tank after deal to go public” Shares of a blank-check company that’s set to merge with electric-car maker Lucid Motors tumbled Tuesday after it inked a deal to take the Tesla rival public. Churchill Capital Corp IV — a special purpose acquisition company, or SPAC, backed by former Citigroup banker Michael Klein…
“#Tesla stock falls after Elon Musk loses $15B in single day” Tesla’s stock price fell for the fourth straight day Tuesday after its massive Monday plunge wiped $15 billion off CEO Elon Musk’s net worth. The electric-car maker’s shares dropped as much as 13 percent to $619.50 in early trading, putting it below the price where…
“#Israel Englander’s hedge fund earned $3.8 billion last year” Millennium Management’s Israel Englander earned $3.8 billion last year, landing him the biggest payday of any hedge fund manager in 2020, according to Institutional Investor. Englander more than doubled his $1.5 billion payday in 2019 and made $2 billion more than the previous year’s rich-list leaders…
“#Boeing stock slides after airlines ground 777 jets” Boeing’s stock price slipped Monday after it advised airlines to ground dozens of planes like the one that burst into flame over Denver this weekend. Shares in the Chicago-based planemaker dropped about 2.9 percent to $211.12 in premarket trading as of 8:28 a.m. as regulators probed safety…
“# Did $50K ‘trigger’ Peter Schiff to buy BTC? 5 Things to watch in Bitcoin this week ” Bitcoin (BTC) hit a new high over the weekend in the latest episode of its spectacular 2021 bull run — what’s next for hodlers? As the largest cryptocurrency approaches $60,000, Cointelegraph takes a look at the factors…