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Private Equity Firm Silver Lake Cashes In AMC Shares For A $113 Million Gain
Saturday, January 30, 2021 - 9:22am | 427Read More...Retail investors aren't the only ones seeing profits from the Reddit rally that has driven up the shares of GameStop Corp. (NYSE: GME), BlackBerry Ltd. (NYSE: BB) and Nokia Oy (NYSE: NOK). What Happened: Silver Lake cashed out its equity positions in AMC Entertainment...
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A Short Seller Joins Benzinga's 'Power Hour' To Talk GameStop. The Rest Is History.
Friday, January 29, 2021 - 1:32pm | 1523Read More...The fervor of the crowd versus Wall Street commenced during one of Benzinga's live shows. On Jan. 21, Citron Research's Andrew Left went live with Benzinga’s Luke Jacobi and Jason Raznick on the daily "Power Hour" show to discuss his opinion on GameStop Corporation (NYSE:...
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Who Is 'Roaring Kitty?' — The Leader Behind The GameStop Short Squeeze
Friday, January 29, 2021 - 5:53am | 603Read More...Details have emerged about “Roaring Kitty”, a notable participant on WallStreetBets Reddit forum, who has been instrumental in driving retail investor interest in the shares of GameStop Corp (NYSE: GME). What Happened: Keith Patrick Gill, a 34-year old from Massachusetts, is a financial...
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GameStop, AMC Skyrocket Pre-Market As Robinhood Says It Will Restore Some Purchase
Friday, January 29, 2021 - 5:20am | 295Read More...The shares of GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc. (NYSE: AMC) skyrocketed in the pre-market session on Friday, as of press time. GME shares traded 99% higher at $385.01, while AMC shares traded 57.4% higher at $13.58. Among other stocks seeing short squeeze interest on...
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Google Works To Restore Robinhood's Reputation As Angry Reviewers Bombard Play Store
Friday, January 29, 2021 - 3:39am | 546Read More...Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google is removing thousands of negative reviews left on the Robinhood trading app at its Play Store, the Verge reported Thursday. What Happened: The Robinhood app was blasted with nearly 100,000 negative reviews on Thursday. The total number...
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Robinhood Gets $1B Funding, Taps Credit Line As It Prepares To Resume Trading Of GameStop, Other Hot Stocks
Friday, January 29, 2021 - 2:45am | 618Read More...Robinhood is prepping to restore trading in the shares of GameStop Corp (NYSE: GME) and other stocks at the center of the recent retail investor fueled frenzy by accessing a credit facility led by banks, the Financial Times reported Thursday. What Happened: The trading app has accessed a credit...
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Facebook Takes Down Trading Group With 157,000 Members Amid GameStop Frenzy
Friday, January 29, 2021 - 2:11am | 422Read More...Facebook Inc (NASDAQ: FB) disabled a 157,000-member trading discussion group on its platform that discussed shares of companies like GameStop Corporation (NYSE: GME) and others, Reuters reported Thursday. What Happened: The group — Robinhood Stock Traders — was created by Allen Tran, a...
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Reddit-Fueled Rally In Mall Stock Allows Its Largest Investor To Cash Out
Friday, January 29, 2021 - 1:40am | 315Read More...Macerich Co (NYSE: MAC), a real estate investment trust focused on shopping malls, has been one of the beneficiaries of the short squeeze rally led by Reddit community WallStreetBets. With Macerich stock surging 109.7% year-to-date to $22.38 on Wednesday, its largest investor Ontario Teachers...
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How WallStreetBets Is Fueling A Rally In Silver Stocks
Friday, January 29, 2021 - 12:23am | 464Read More...Silver stocks such as First Majestic Silver Corp (NYSE: AG) are shining amid speculation that the Reddit-fueled frenzy will extend to the precious metal and companies associated with it. What Happened: First Majestic shares closed 21.56% higher at $16.86 and gained 12.69% in the after-hours session...
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AMC Explores Another Stock Sale Amid Reddit-Fueled Rally: Report
Thursday, January 28, 2021 - 10:41pm | 395Read More...AMC Entertainment Holdings Inc. (NYSE: AMC) is exploring options to raise fresh capital, including a stock sale, according to a Reuters report Thursday. What Happened: Such a move would come amid the high interest the company is seeing with the Reddit group WallStreetBets that has seen its stock...
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Dogecoin Price Surges 150% After Redditors Encouragement To Buy
Thursday, January 28, 2021 - 11:10am | 411Read More...See also: How to Buy Dogecoin Dogecoin (DOGE) price has seen a 155.90% spike in the last 24 hours, according to the Coinmarketcap data. What Happened: The price of Dogecoin, the digital currency created “as a joke,” has grown 155.90% over the last 24 hours and is...
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Some Redditors Have Silver ETFs In Their Sights
Thursday, January 28, 2021 - 11:00am | 570Read More...To say Reddit forum WallStreetBets accumulated infamy and notoriety and more in the span of a few days is an understatement. Just ask market participants holdings short positions in AMC Entertainment Holdings (NYSE: AMC) and GameStop (NYSE: GME), just to name a pair. What Happened: With heavily...
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GameStop, AMC, Nokia And Other Top Stocks WallStreetBets Users Are Talking About Today
Thursday, January 28, 2021 - 5:29am | 1039Read More...Reddit community r/WallStreetBets’ members have been driving a surge in stocks of several companies over the past weeks in what they describe as a fight against short sellers. Heading into Thursday’s pre-market session, stocks of several companies with high short interest continue to...
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GameStop, AMC, Nokia, BlackBerry Continue To Plunge Pre-Market
Thursday, January 28, 2021 - 5:13am | 356Read More...The shares of GameStop Corp. (NYSE: GME), AMC Entertainment Holdings Inc. (NYSE: AMC), Nokia Oyj (NYSE: NOK), and BlackBerry Ltd. (NYSE: BB) traded lower at press time in the pre-market session on Thursday. What Happened: The four stocks have been the subject of short squeezes led by members of the...
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Melvin Backer Point72 Suffers 15% Loss Over GameStop Short Squeeze: NYT
Thursday, January 28, 2021 - 3:41am | 428Read More...Point72 has suffered a loss amounting to nearly 15% this year — thanks to the sharp uptick in the shares of GameStop Corporation (NYSE: GME), a person familiar with the matter told the New York Times. What Happened: The hedge fund run by Steve Cohen — the owner of New York Mets...
















