Reddit

Reddit investor forum WallStreetBets, which helped drive the trading frenzy in videogame retailer GameStop Corp.’s (NYSE: GME) stock earlier this year, has finally bowed to the rising cryptocurrency wave. What Happened: The moderators of WallStreetBets will now allow discussions on Bitcoin...

GameStop Corp (NYSE: GME) said Tuesday it is redeeming senior notes worth $216.4 million that were due in two years that would leave the company mostly debt-free. What Happened: The video-game chain had long-term debt of $216.4 million as of end-January, according to the company’s...

Gamestop Corp. (NYSE: GME) and Chewy Inc. (NYSE: CHWY) are nearing potential support lines and may be worth checking out. Here's a technical look at the stock charts.  GameStop Daily Chart Analysis: The daily chart above shows GameStop is nearing the bottom of a channel. The stock...

Legendary investor Bill Miller’s investment management firm missed out on a potential $800 million windfall after having sold almost its entire holding in GameStop Corp. (NYSE: GME) before the January short squeeze, according to a report by Business Insider. What Happened: Miller Value...

SOS Limited (NYSE: SOS) shares are skyrocketing Wednesday despite a lack of any fundamental news from the company. SOS On Uneven Ride: Shares of SOS, which provides cloud-based emergency services to businesses and individuals and have also diversified into cryptocurrency mining, have been...

CNBC host Jim Cramer has lauded gaming retailer GameStop Corp. (NYSE: GME) and movie theatre chain AMC Entertainment Holdings Inc. (NYSE: AMC) for their plans to sell more shares, saying that issuing shares is the “right move” in the long term. What Happened: Cramer said the two...

GameStop Corporation’s  (NYSE: GME) decision to up its at-the-market program’s scope to $1 billion is “understandable,” according to Telsey Advisory Group’s Joseph Feldman.  The GameStop Analyst: Feldman kept his price target at $30 and Underperform rating on...

GameStop Corp. (NYSE: GME) shares are trading 16.17% lower in the early pre-market session at $160.50 on Monday. What Happened: The dip follows the gaming retailer announcing plans to sell up to 3.5 million shares in an “at-the-market” equity offering through Jefferies LLC. GameStop...

A bar — inspired by Reddit community WallStreetBets — has opened its doors in Tokyo and emerged as a place for investors to talk about stocks, Bloomberg reported Wednesday. What Happened: The tavern — dubbed Stock Pickers — reportedly came into being in March after a...

Discovery, Inc’s (NASDAQ: DISCA) (NASDAQ: DISCB) series B shares spiked nearly 83% in the regular session Wednesday. What Happened: The cause of the soaring could be a short squeeze involving arbitrage traders or a so-called “arb squeeze” according to Dennis Dick, head of markets...

BlackBerry Ltd (NYSE: BB) braved challenges such as global chip shortage and improved the sales of its QNX car software but still missed Wall Street estimates for fourth-quarter revenue. What Happened: The Canadian company’s Q4 earnings per share fell 66.67% year-over-year to $0.03, while...

Chewy Inc (NYSE: CHWY) released its fourth-quarter results on Tuesday which sent the company’s stock soaring nearly 10.5% in the after-hours session, building a possible scenario that the exuberance can extend to GameStop Corporation (NYSE: GME). What Happened: Ryan Cohen-co-founded Chewy...

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. What Happened: Multiple posts from Reddit users including...

A lawsuit against Nokia Oyj (NYSE: NOK) alleging that the telecom company defrauded shareholders was dismissed in New York on Monday, Reuters reports. What Happened: The Finnish company was accused of concealing troubles related to the integration of Alcatel-Lucent as well as its preparedness in...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Why Are Reddit Penny Stocks Such A Big Focus? Recently, Reddit investors have been heavily focusing on trading penny stocks. Why are so...