“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 […]
Hedge Funds
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Back to news homeRobinhood, Under the Gun, Raises $2.4 Billion
By limiting trading, it was able to bring down the cushion of cash, or margin, it was required to keep by its clearinghouse. The company eased some of those curbs […]
Silver Rises With Hype It’s the Next GameStop, but a Backlash Mutes Gains
After the frantic price swings of companies like GameStop and AMC Entertainment tantalized the financial world last week, everyone wondered what the army of internet investors would set its sights […]
How a Reddit User and His Friends Helped Fuel the GameStop Frenzy
“Your example has literally changed the lives of thousands of ordinary normal people,” a Reddit user named reality_czech wrote this week to Mr. Gill. “Seriously thank you.”Larry Tabb, the head […]
GameStop Stock Soars as Reddit Investors Take On Wall St.
Retail traders aren’t just buying and selling stocks; they are also buying options, a kind of financial instrument that gives the holder the right to buy or sell a stock. […]
Alden Global Bids for Control of Tribune
Since Alden acquired its 32 percent stake in Tribune, the hard times have continued. The company has offered buyouts and closed several newsrooms while trying to endure the effects of […]