An elite hedge fund bought 1 million GameStop shares before the meme stock"s 400% surge

RenTech, founded by the late Jim Simons, built a .....»»

Category: worldSource: nytMay 15th, 2024

GameStop stock price: Wild surge adds more than $1.3B to Vanguard funds

The Malvern mutual fund giant is one of the largest institutional shareholders in GameStop, holding roughly 4.17 million shares in its funds as of Dec. 31.....»»

Category: topSource: bizjournalsJan 27th, 2021

GameStop, AMC shares surge after Reddit users lead chaotic revolt against big Wall Street funds

Users on online trading communities are claiming victory for wrecking costly hedge fund gambles those stock prices would fall......»»

Category: topSource: washpostJan 27th, 2021

Top-ranked hedge fund takes big stake in Under Armour

A notoriously secretive hedge fund that regularly ranks near the top of financial rankings has taken a major stake in Under Armour Inc. Greenwich, Connecticut-based Lone Pine Capital LLC bought 12.7 million shares of Under Armour stock, or a 6.7%.....»»

Category: topSource: bizjournalsJan 13th, 2020

Immunomedics Chairman Buys $19 Million More in Stock

Behzad Aghazadeh bought 775,000 additional shares of the biotech through his hedge fund venBio Select......»»

Category: topSource: barronsJun 22nd, 2018

Activist investor Trian buys stake in PPG Industries

Activist hedge fund Trian Fund Management has bought 2.59 million shares of paints and coatings maker PPG Industries Inc. , according to a filing Tuesday. PPG stock rose nearly 6% i.....»»

Category: topSource: marketwatchOct 9th, 2018

A Hedge Fund Is Doubling Down on Under Armour Stock

Hedge fund Adage Capital Partners disclosed it bought more than five million more shares in the maker of athletic apparel and footwear......»»

Category: topSource: barronsDec 27th, 2018

The meme-stock rally is dead as reality sets in amid GameStop"s warning on revenue and plan to sell 45 million shares


Category: worldSource: nytMay 17th, 2024

A legendary hedge fund exited its GameStop bet before the meme stock"s 550% spike

Paul Tudor Jones' firm owned call and put options on GameStop stock in the fourth quarter, but they were gone from its portfolio by March. Paul Tudor Jones' hedge fun.....»»

Category: worldSource: nytMay 16th, 2024

GameStop"s Rally Resumes In May - What Sparked The Interest?

GameStop sees surge amid retail investor interest post Roaring Kitty's return. Dive into the frenzy that shook Wall Street in 2021. Learn about the meme stock craze and its impact on hedge funds and trading platforms. read more.....»»

Category: blogSource: benzingaMay 13th, 2024

Hedge Fund and Insider Trading News: Man Group, Paulson & Co., Millennium Management, Archegos Capital Management, Novocure Ltd (NVCR), Target Corporation (TGT), and More

Hedge Fund Millennium’s $50m Meme-Stock Short is a Sign GameStop Army in Retreat (Financial News) The retail investing boom is showing signs .....»»

Category: topSource: insidermonkeyApr 18th, 2021

Legendary investor Bill Miller sold GameStop stock before the short squeeze, missing out on a potential $800 million windfall

Miller's fund previously owned almost 1.7 million GameStop shares, but virtually eliminated its stake to "avoid perpetual losers." Bill Miller. REUTERS/Rick Wilking Bill M.....»»

Category: smallbizSource: nytApr 10th, 2021

Market Extra: GameStop’s 53% surge fueled by a buy/sell ratio of 3-to-1, as ‘meme’ stock crowd emboldened

After taking a pummeling over the first three days of the week, shares of GameStop Corp. soar Thursday, aided by retail traders who remain emotionally committed to the videogame retailer even after shares got hammered 24 hours earlier......»»

Category: topSource: marketwatchMar 26th, 2021

Cathie Wood"s Ark Innovation ETF added 1.2 million shares of Palantir as the stock slipped to its lowest price in nearly 4 months

Wood's flagship fund bought the dip in Palantir on Wednesday as the data company saw its lowest closing price in almost four months. .....»»

Category: topSource: businessinsiderMar 25th, 2021

The hedge fund that lost more than 50% on GameStop"s stock surge is facing 9 lawsuits from retail investors alleging conspiracy to restrict trading

One lawsuit said that buying restrictions were only imposed on retail investors, not institutions, when the GameStop frenzy peaked in late January......»»

Category: personnelSource: nytMar 23rd, 2021

: The meme-stock roller coaster just reached new heights of volatility

GameStop Corp. shares were on track for their longest winning streak since the videogame retailer's stock became the poster child for the clash between social-media organized retail investors and Wall Street hedge funds......»»

Category: topSource: marketwatchMar 10th, 2021

"Big Short" investor Michael Burry sold his GameStop stock last quarter, meaning he probably missed the Reddit rally

Burry's fund previously owned 1.7 million shares that would have been worth $.....»»

Category: dealsSource: nytFeb 16th, 2021

Market Extra: GameStop short squeeze fuels new stock-market services tracking Reddit messages

Day traders are credited with sparking a revolution on Wall Street, helping to juice the shares of GameStop Corp., and AMC Entertainment Holdings and rattling the foundation of hedge-fund investors in the process......»»

Category: topSource: marketwatchFeb 6th, 2021

The Wall Street Journal: One big winner in the GameStop frenzy: This hedge fund that made $700 million

The GameStop surge is often cast as a triumph of amateurs over professionals. Which it was, to a degree. But it also was a trade that pitted professionals against other professionals......»»

Category: topSource: marketwatchFeb 3rd, 2021

76% Of Respondents Say They Plan On Leaving Robinhood

Today,  Robinhood restricted trading on GameStop and other stocks caught in the “meme stock” frenzy. Q4 2020 hedge fund letters, conferences and more Robin.....»»

Category: blogSource: valuewalkJan 28th, 2021

David Tepper bought the beaten-down stock of a satellite company amid its FCC fight over 5G — now shares are soaring (I)

Reuters Star hedge fund manager David Tepper penned a letter to satellite provider Intelsat's board Tuesday, pressuring leadership to negotiate better t.....»»

Category: topSource: businessinsiderFeb 19th, 2020