The initial push came on January 13th when the stock surged by nearly 50%. Something peculiar was happening, and Wall Street was starting to take notice. Firms that held a short position in GameStop stock were beginning to sweat and as the price continued to inch higher, there was a decis...
To summarize what's happening on the market, big-time hedge funds are short-selling GameStop. That means they're betting its stock price will drop and they'll make money later on. But on the other side, a mass of amateur internet investors is buying GameStop stock, causing its stock...
Gamestop(NYSE:GME)is off to a good start this week. And every time a trading week begins with GME stock surging, the question has to be asked as digital investment communities scramble — is it happening again? A few other questions often stem from these discussions, ...
Why did Robinhood stop users from buying GameStop shares? On Jan. 29, Robinhood postedanother blogabout what happened. The company explained it was required to keep a substantial amount of money on hand in order to process all the trades happening through its clearinghouse, which is the part ...
Perhaps the oddest aspect of the GameStop story is that professional traders and hedge funds were attuned to what was happening. Some exploited the mania to their own advantage and have taken to monitoring the Reddit group to identify new stock manias. ...
What Is a Bear Squeeze? The stock market can sometimes resemble a high-stakes game where the line between predator and prey is all too thin. One of the most dramatic versions of this is when there’s a bear squeeze, when those doing the hunting in a seemingly bullish market become the ...
GameStop shares rise as retailer meme stock buys first bitcoin batch, scooping up $500 million 6 Hour(s) ago The purchase, GameStop's first investment in bitcoin, was worth $512.6 million with bitcoin's price of $108,837 Wednesday. This UGREEN Tracker Is 3x Cheaper Than Apple AirTag, Nea...
Surprise! Today's a PS5 restock day at Walmart. Here's the latest news about PS5 restocks happening across the internet at Walmart, Amazon, Best Buy and other retailers. PS5 at Walmart Sony via Walmart Walmart has the PS5 in stock now. Several previous restocks have been limited toWal...
If there is a big enough surge in speculators buying call options, as we have seen with GameStop, it will be accompanied by a lot of stock buying. This is a cascading effect, which leads to price runs. In this case, it’s running the price up, but we are just as likely to s...
An ETF is a type of investment fund that holds a collection of underlying assets and trades like an individual stock on an exchange, giving investors exposure to the performance of a particular market, commodity or asset class without requiring them to invest directly in it. ...