“He provided a very clear thesis,” Mr. Gogna said, explaining that Mr. Gill’s work was an accessible contrast to other information — “charts, all these dizzying things” — out there. […]
GameStop Corporation
Trending topics and news from the GameStop Corporation category
Back to news homeRobinhood Reveals Rising Revenue and a $1.4 Billion Loss
The company’s shareholders, however, stuck with it. Within a week, it raised two rounds of emergency funding totaling $4.4 billion to meet lending requirements for stock trades and to continue […]
He’s a Dogecoin Millionaire. And He’s Not Selling.
Last February, when Glauber Contessoto decided to invest his life savings in Dogecoin, his friends had concerns.“They were all like, you’re crazy,” he said. “It’s a joke coin. It’s a […]
Meme Stocks and Archegos: Fed Calls Out Financial Weak Spots
The Federal Reserve warned about financial stability risks emanating from frothy stocks and debt-laden hedge fund bets in its twice-annual report on potential vulnerabilities in the system, pointing to the […]
How Small Market Investors Are Being Wooed by Companies
That has prompted a strategy adjustment. In addition to spending time communicating with analysts whose “buy” or “sell” ratings on the stock can move its price, Mr. Schreiber said, he […]
The Boredom Economy
Among the most vivid recent examples of boredom’s economic influence occurred late last month when amateur traders, many of them followers of the Reddit forum Wall Street Bets, piled into […]
A Shadowy but Powerful Wall St. Firm Has Its Moment in Washington
The GameStop saga was a David-versus-Goliath story pitting small traders against big hedge funds and a cautionary tale about what happens when fast-moving Silicon Valley collides with the heavily regulated […]
Wall Street’s Most Reviled Investors Worry About Their Fate
If the price falls, the short seller buys the now-cheaper shares back, returns them to the broker and pockets the difference. But the strategy can be risky. If shares climb […]
The Hopes That Rose and Fell With GameStop
“I am not a gambler by nature,” he said, “and this is money I have already written off.”Mr. Davitt, who lives in Chicago and works for a company that provides […]
Quest for Hollywood Fame Splits Redditors at Heart of Market Frenzy
Late on Wednesday, a moderator of the popular Reddit message board WallStreetBets posted several screenshots on the chat app Discord. They showed that other moderators had quietly started talking among […]