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GameStop Short-Selling Fame's Melvin Posts 20% Returns For February: Report
Wednesday, March 3, 2021 - 10:20pm | 429Read More...Gabe Plotkin’s Melvin Capital Management LP saw gains of more than 20% in February after being brutalized by a retail investor-led short squeeze a month earlier, CNBC reported Wednesday. What Happened: Melvin fell as much as 53% in January in a short squeeze fueled by users of ...
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Technical Levels To Watch In Rocket Companies Stock
Wednesday, March 3, 2021 - 6:44pm | 486Read More...Rocket Companies (NYSE: RKT) stock is on a wild ride this week, mounting a rally in Tuesday's session and a decline in Wednesday's fueled by WallStreetBets traders. Rocket's High Short Float: Rocket was primed to have a short squeeze if buying pressure appeared in the stock with...
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Rocket Companies Short Squeeze Gives $25B Single-Day Boost To Dan Gilbert's Wealth
Wednesday, March 3, 2021 - 6:28am | 405Read More...Rocket Companies Inc (NYSE: RKT) founder Dan Gilbert’s wealth got a $25 billion booster on Tuesday as the holding company gets the attention of retail investors on Reddit’s r/WallStreetBets, according to Bloomberg Billionaire’s Index. What Happened: Gilbert, Age 59, has moved up...
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Rocket Companies Overtakes GameStop, Palantir As WallStreetBets' Top Interest
Wednesday, March 3, 2021 - 1:44am | 555Read More...The Reddit forum that led the short squeeze in the shares of GameStop Corp (NYSE: GME) is buzzing with discussion on new short squeeze targets. Here are the most discussed companies on r/WallStreetBets: Rocket Companies Inc (NYSE: RKT): The parent of Rocket Mortage and Quicken Loans, shot up over...
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'Roaring Kitty' Keith Gill No Longer Has Financial Broker License: Report
Tuesday, March 2, 2021 - 4:43pm | 403Read More...One of the biggest names in the GameStop storyline of 2021 has lost his financial license. What Happened: Keith Gill is known by many names to investors and fans of GameStop Corp (NYSE: GME) stock. He is called Roaring Kitty and is also known as DeepF***ingvalue on Reddit. Gill found himself...
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Detroit's Mortgage Giants Rocket Higher Amid Latest WallStreetBets-Sparked Short Squeeze
Tuesday, March 2, 2021 - 4:24pm | 575Read More...Shares of Detroit mortgage giants caught fire on Tuesday led by a 70% gain from Rocket Companies Inc (NYSE: RKT). In addition to the surge by Rocket, UWM Holdings Corp (NYSE: UWMC) shares were up 20% in sympathy as the Reddit WallStreetBets traders driving the recent short squeeze in GameStop Corp...
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What To Know About Dave Portnoy And The New BUZZ Social Media Sentiment ETF
Tuesday, March 2, 2021 - 12:02pm | 829Read More...An exchange-traded fund will launch this week seeking to take advantage of tracking mentions of stocks on the internet to beat the overall market. The company behind the ETF's index has partnered with one of the biggest internet personalities to help with the launch. What Happened: The VanEck...
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GameStop, Dogecoin Rallies Fueled By Social Media Bots: Cybersecurity Firm
Monday, March 1, 2021 - 1:56am | 599Read More...GameStop Corp (NYSE: GME) and other so-called meme stocks may have been given the boost on major social media platforms by bots, according to PiiQ Media, a Massachusetts-based cybersecurity company, Reuters reported Sunday. What Happened: Reuters noted — based on the bot revelation...
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Why GameStop Stock Traders Should Beware The 'Law Of Twos And Threes'
Friday, February 26, 2021 - 7:31pm | 483Read More...GameStop Corp. (NYSE: GME) shares closed at $101.74 Friday after the stock surged from under $45 on Wednesday to as high as $184.68 on Thursday. Some traders may see the extreme volatility in GameStop as chaotic and unbelievable, but former hedge fund manager Whitney Tilson said Friday that...
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Why BofA Is Bearish On GameStop Stock: 'Turnarounds Are Tough'
Friday, February 26, 2021 - 12:46pm | 382Read More...GameStop shares have rallied over the last two days, likely due to strong interest from retail traders once again. One analyst is out with a bearish take on the gaming retailer. The GameStop Analyst: BofA Securities analyst Curtis Nagle reiterated an Underperform rating on GameStop Corp (...
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Churchill Capital Corp IV Shares Rally On Dave Portnoy Tweet, Reddit Activity
Friday, February 26, 2021 - 11:26am | 500Read More...Churchill Capital Corp IV (NYSE: CCIV), one of the hottest SPACs of 2021, is getting more action Friday morning, with new investors hoping to bring new life to a stock that fell on a deal announcement. What Happened: Barstool Sports founder and popular internet personality Dave Portnoy said in...
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GameStop Drama Continues: Soaring Stock Halted, Cramer, Citron Weigh In
Thursday, February 25, 2021 - 12:21pm | 873Read More...The volatility surrounding GameStop Corp. (NYSE: GME), AMC Entertainment Holdings Inc (NYSE: AMC) and other so-called meme stocks continued Thursday, with GameStop shares soaring in early trading, triggering multiple halts by the NYSE. Several prominent experts and analysts have also weighed in...
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Second Life? GameStop Spikes 103% As Reddit Stocks Surge Again
Wednesday, February 24, 2021 - 5:22pm | 606Read More...Late in Wednesday’s trading session, several popular stocks for retail traders rocketed higher on seemingly no news. GameStop: GameStop Corp. (NYSE: GME), the stock that became a rallying cry for retail traders and Reddit's WallStreetBets forum, surged more than...
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Why AMC Shares Spiked 20% Today
Monday, February 22, 2021 - 10:26pm | 418Read More...AMC Entertainment Holdings Inc (NYSE: AMC) shares shot up over 20% in regular and after-hours sessions today. What Happened: AMC shares rallied on Monday after New York Governor Andrew M. Cuomo announced that movie theaters in New York City are now permitted to re-open. “We will now be...
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Barclays Investment Chief Compares Bitcoin To 'Flightless Bird'
Monday, February 22, 2021 - 7:10pm | 354Read More...What Happened: Bitcoin (BTC) price corrected sharply from $57,000 to just under $50,000 earlier today, before recovering to $54,178 at the time of writing. Over the course of its rally, the market-leading cryptocurrency has come under scrutiny from those skeptical of its success...
















