GameStop Surges 50% As ‘Stonks’ Jump Back Into Market
GameStop Corp. shares surged 50% early Thursday as a short squeeze pushed a 1,600% rally. "Stonks" or retail traders on social media sites such as Reddit's WallStreetBets jumped back into…
Brokerages Face Scrutiny over Fees in GameStop Hearing
GameStop probe will subject brokerage firms to scrutiny over “payment for order flows”, according to CNBC. The scrutiny follows an increase in retail trading whereby some brokers receive payments from…
Institutional Investors May be Behind GameStop Frenzy, Data Reveals
GameStop is missing on the ten most purchased stocks by retail traders during the market frenzy last month, according to CNBC. The statistics, released by JP Morgan, counter the prevailing…
GameStop, AMC Trading Resumes after Robinhood Lifts Restrictions
Online brokerage app Robinhood has removed the temporary trading restrictions on all stocks, according to Reuters. GameStop's trading limit set at 500 shares and AMC's limit of 5,500 shares has…
Citron Stops Publishing Short-Selling Research after GameStop’s Shock
Citron’s short-seller Andrew Left has warned that his company will no longer publish short-selling reports, according to Reuters. The development follows outrage against Citron by Wallstreetbets after retail traders sent…
Retail Frenzy, Wall Street Squeezes, and Regulatory Rhetoric in 11 Hours Trading Mania
Retail traders piled into heavily shorted shares of GameStop on Wednesday, which had already gained 276% in the past five days. According to Bloomberg, the Wednesday trading frenzy was propelled…
GameStop’s Surge Comes to a Standstill as Trading Platforms Block Stock Buys
GameStop’s stock traded within double-digit losses and gains in early New York trading after Robinhood markets restricted its trading, reports Bloomberg. GameStop, AMC Entertainment Holdings Inc., Express Inc., BlackBerry Ltd,…
GameStop Defies Bear Bets to Maintain Gains. More than Doubles on Premarket
GameStop stock rose as high as $136.63 on Monday, up from Friday’s close of $65.01. According to Bloomberg, the parabolic rise showcases the divide between day traders and bears expecting…