As a result, big bets short-sellers made that GameStop's stock would fall went wrong, leaving them facing billions of dollars in collective losses. In such bets, called "short sales," investors borrow a share and sell it in hopes of buying it back later at a lower price and pocke...
'Meme Stock' Rally Redux? GameStop, AMC Shares Rocket Higher More Reuters FILE PHOTO: Signage is seen at a GameStop in Manhattan, New York, U.S., December 7, 2021. REUTERS/Andrew Kelly/File Photo NEW YORK (Reuters) -More than a year after retail investors, aided by so...
Also, why are the Reddit trader folks so against the hedge funds etc, is short selling and such damaging to the little guy in the stock market? Ste Pickford Members 9.9k Popular Post Posted January 28, 2021 Once a big hedge fund shorts a stock, it puts pressure on the stock to...
"GameStop: Rise of the Players" had a unique opportunity to spotlight a broken system. Instead, it chose to focus on the spectacle and left the substance on the cutting room floor. As the GameStop saga continues to unfold, one can only hope that future attempts will dig deeper into the...
As a result, big bets short-sellers made that GameStop's stock would fall went wrong, leaving them facing billions of dollars in collective losses. In such bets, called "short sales," investors borrow a share and sell it in hopes of buying it back later at a lower price and pocketing ...
requiring the private client to notify us if they think they will need liquidity from their account within 60 months, in which case we do not put the money in the stock market. These things have happened in the past and it is more or less likely they will happen, again, in the future...
AMC shares were recently up 1.7% at $33.99 after four straight days of losses. The hugely volatile stock has lost more than half its value since hitting a record high of $76.62 on June 2. On Thursday, the stock swung between a low of $32.14 and a high of $37.40. Shares of videogame...
Things only got more strange from there. People rushed to Reddit as the price shot up — you know, since this whole GameStop stock thing originated on the platform — and soonenough Reddit had crashed. It's unclear if a rush of traffic was the only reason for Reddit going down, but th...
This time around, it’s looking a little different. Meme stocks saw a resurgence last month after Keith Gill, an investor who helped stoke the meme stock frenzy in 2021, made his first post on X in three years. Also known as “Roaring Kitty,” Gill has since...
It also left more investors on Wall Street asking if the stock market is in a dangerous bubble about to pop, as AMC Entertainment, Bed Bath & Beyond and other downtrodden stocks suddenly soar as well. The S&P 500 set a record high earlier this week. The mania is raising some concern tha...