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GameStop and AMC short-sellers have lost almost $1 billion in just 5 days of trading amid a meme-stock rally

Shorts lost $210 million from their positions in AMC and $227 million from GameStop on Monday alone. "This is what the Reddit Army is hoping for." KnowYourMeme KnowYourMeme GameS.....»»

Category: dealsSource: nytMay 18th, 2021

Amid GameStop frenzy, Elon Musk gets half-hearted support from Einhorn

Hedge fund manager David Einhorn “half-heartedly” defended nemesis Elon Musk in his quarterly letter to investors amid accusations the Tesla CEO helped fuel the recent short-squeeze in GameStop shares......»»

Category: topSource: foxnewsApr 15th, 2021

GameStop Retail Investors Take Archegos Fallout As Opportunity To Hit Back At Wall Street

Investors on Reddit, mainly on the forum that participated in a short squeeze in the shares of GameStop Corporation (NYSE: GME), are laying the finger of blame on Wall Street big shots for the plunge that affected several companies Friday. read more.....»»

Category: blogSource: benzingaMar 30th, 2021

Tech stocks rebound as bond-market turmoil and reflation trades fade

GameStop, AMC, and other Reddit favorites declined as retail traders' latest attempt at a short squeeze faltered. A trader blows bubble gum during the opening bell at the New York Stock Exchange (NYSE) on August 1, 2019, in New.....»»

Category: smallbizSource: nytFeb 26th, 2021

Gabe Plotkin, whose GameStop short bets led to a 53% January loss for his hedge fund, told Congress he"s been short Tesla in the past

Amid the GameStop short-squeeze last month, Elon Musk tweeted, "Gamestonk!!" with a link to Reddit's WallStreetBets forum. Melvin Capital founder Gabe Plo.....»»

Category: worldSource: nytFeb 18th, 2021

Like GameStop, Bed Bath & Beyond has been reduced to a meme stock. But 42,000 people work there.

Trading GameStop, AMC and Bed Bath & Beyond to trash short sellers is a game for many Reddit and Robinhood investors. But it could end up costing some of the companies’ employees their jobs......»»

Category: topSource: washpostFeb 8th, 2021

Like GameStop, Bed Bath & Beyond has been reduced to a meme stock. But 42,000 people work there.

Trading GameStop, AMC and Bed Bath & Beyond to trash short sellers is a game for many Reddit and Robinhood investors. But it could end up costing some of the companies’ employees their jobs......»»

Category: topSource: washpostFeb 8th, 2021

Like GameStop, Bed Bath & Beyond has been reduced to a stock meme. But 42,000 people work there.

Trading GameStop, AMC and Bed Bath & Beyond to trash short sellers is a game for many Reddit and Robinhood investors. But it could end up costing some of the companies’ employees their jobs......»»

Category: topSource: washpostFeb 8th, 2021

Like GameStop, Bed Bath & Beyond has been reduced to a stock meme. But 42,000 people work there.

Trading GameStop, AMC and Bed Bath & Beyond to trash short sellers is a game for many Reddit and Robinhood investors. But it could end up costing some of the companies’ employees their jobs......»»

Category: topSource: washpostFeb 8th, 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

NewsWatch: Individual investors are back — here’s what it means for the stock market

The battle between day traders and short sellers over GameStop dominated the headlines, but the bigger questions for investors of all stripes is what the resurgence in retail trading means for the stock market as major benchmarks march to all-time highs......»»

Category: topSource: marketwatchFeb 5th, 2021

Market Extra: Individual investors are back — here’s what it means for the stock market

The battle between day traders and short sellers over GameStop dominated the headlines, but the bigger questions for investors of all stripes is what the resurgence in retail trading means for the stock market as major benchmarks march to all-time highs......»»

Category: topSource: marketwatchFeb 5th, 2021

NerdWallet: Don’t worry, the GameStop-Reddit fiasco won’t tank your 401(k)

Amid all the freneticism of the Reddit-hedge fund battle, the simple fact is that it means very little to the majority of investors......»»

Category: topSource: marketwatchJan 29th, 2021

Here"s how short-selling works, and how Reddit"s day-trader army spoiled the strategy for GameStop bears

Short-sellers have taken a hit now that GameStop shares have topped $330, in what analysts have dubbed an irrational rally stoked by a Reddit group. .....»»

Category: smallbizSource: nytJan 27th, 2021

Why GameStop shares are on a wild, Reddit-driven run

Short sellers and retail investors have sent the video game company’s stock up more than 2,400 percent since its April lows......»»

Category: topSource: washpostJan 25th, 2021

Inside GameStop"s chaotic week in the stock market, which saw Reddit day-traders revolt against a renowned short-seller and send shares spiking

GameStop has more than tripled this month as retail investors cheer each other on to keep buying shares and avoid the urge to sell. Getty Images / Corbis News GameStop's stock began the week by spiking on a .....»»

Category: personnelSource: nytJan 23rd, 2021

GameStop leaps another 6% as retail investors push harder against short-sellers

Short-.....»»

Category: personnelSource: nytJan 22nd, 2021

Market Extra: Retail investors trim stock exposure amid market volatility, while hedge funds remain highly leveraged

U.S. stocks are not far from record levels, but the resurgence of volatility in 2018 — along with indexes that have been stubbornly range-bound for months — have pushed investors to cut their holdings to assets seen as riskier......»»

Category: topSource: marketwatchMay 24th, 2018

Could UWM Be The Next Target For Reddit Traders?

UWM Holdings Corp (NYSE: UWMC) could be the next stock to make a GameStop Corp (NYSE: GME)-type of rally amid recent chatter on Reddit threads, read more.....»»

Category: blogSource: benzingaMay 19th, 2021

What"s Up With GameStop Stock Today?

GameStop Corp. (NYSE: GME) shares are trading higher by 6.55% at $170.29 Monday afternoon amid reports of renewed interest in the name from speculative traders on Reddit. read more.....»»

Category: blogSource: benzingaMay 17th, 2021