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Some of them purchased GameStop shares as part of a strategy expressly intended to squeeze hedge funds that were shorting the stock. Others simply saw the stock as undervalued. stock market scandal

GameStop Scandal Explained: Understand Everything About

The game store chain GameStop is shaking global finance due to a big Stock Scandal. On Friday, Jan 22, the stock of the GameStop group, owner of stores of the same name in the United States and Canada, and of Micromania-Zing in France, skyrocketed by … the gamestop scandal

Gamestop Scandal: Who Is The Real Culprit

Gamestop Scandal: Who Is The Real Culprit? Those who despise free markets concentrate their hate on the stock market, and the Gamestop soap opera served up fresh caffeine for them. For readers not gamestop trading scandal

How and why Gamestop shook the stock market

Hedge funds and short-selling: How and why Gamestop shook the stock market. Online traders have delivered a multibillion-dollar message to big investors but the situation raises important

The biggest lesson of GameStop Financial Times

The biggest lesson of GameStop. Much has been written about whether the GameStop trading fiasco is the result of illegal flash mobs or righteous retail investors storming a rigged financial system

What You Need to Know About the GameStop Stock Trading

The internet and stock market are aflame over GameStop, the video game retailer whose stock is suddenly the darling of day traders who are …

Robinhood backlash: What you should know about the

On the morning of Jan. 28, Robinhood posted a blog saying it was limiting users by preventing them from buying stocks from several companies such as GameStop, AMC and Nokia. It cited "market

GameStop Stock Price Spike: Understanding Reddit's

GameStop Stock Price Spike: Understanding Reddit’s WallStreetBets Short Squeeze. GameStop’s (GME) share price convulsions are riveting Wall Street and the rest of the U.S. financial establishment. Between Jan. 11 and Jan. 26, 2021, shares of the Grapevine, Texas-based company rocketed more than 1,600%, and in the middle of that ascent

What Happened With GameStop Stock & Reddit, Explained

Finally, GameStop mania is putting downward pressure on the entire stock market right now: As hedge funds see their shorts backfire en masse, they’ve started …

How Reddit posters made millions as Wall Street lost

The price of GameStop stock grew so much this week, the company with $5 billion in revenue briefly became the most valuable member of the Russell 1000 index of small-cap stocks, with a market

The Smart Way to Play the GameStop Action Right Now

Look at any stock chart and you'll see a row of candlesticks running, rising, and falling over time as the price of the shares moves on the open market. Well, those spikes and drops are really a

The GameStop trade needed short-sellers to work—and so do

Market makers selling options then bought GameStop shares to hedge themselves against losses if the options pay out. These dynamics created a vortex of demand for GameStock stock.

‘Share-plunge’ GameStop traders serve valuable function

The stock is GameStop, GameStop has become a market darling of novice traders for reasons that defy logic — sending the stock to a high of nearly $500 a the Enron accounting scandal

The Rise and Subsequent Fall of GameStop

Now that the craziness of the GameStop, Reddit, and Robinhood scandal has settled, I think now is a good time to do a refresher on some lessons learned for those of us investing in the stock market. So today, I’m going to unpack what happened with GameStop, what you can learn from it, …

Opinion Pumps and Dumps and Chumps

Furthermore, the stock market itself is mainly a sideshow to the real economy. But we don’t live in a reasonable world, we live in a world where the GameStop story briefly commanded global

What’s The Endgame For GameStop

There’s something very weird happening in shares of GameStop (GME). A market frenzy has pushed the shares of the Grapevine, Texas-based video game retailer up more than 3,000% in …

Michael Jordan Caught in Middle of GameStop Trading War

January 29, 2021. by Nick Jungfer. Michael Jordan is bleeding money after finding himself in the middle of the Reddit-fuelled GameStop trading war that has stunned Wall Street. Jordan could not have picked a worse time to welcome hedge fund giants …

Biden, Psaki dodge GameStop trading scandal for second day

The comments came after Robinhood blocked investors from buying GameStop shares on Thursday as the video-game chain’s stock price soared to mind-boggling heights, sending the company’s market

Robinhood customer sues trading app over GameStop

A Robinhood user filed a class-action lawsuit Thursday following the app’s decision to restrict GameStop trading on its platform, a move that ignited a revolt from the small investors who led a

How GameStop Investors Can Make Their Lives Much Easier

How GameStop Investors Can Make Their Lives Much Easier. InvestorPlace – Stock Market News, Stock Advice & Trading Tips. Throughout 2021, I’ve been periodically weighing in on the original meme stock –GameStop (NYSE: GME).My message has been to have fun trading GME stock, but don’t buy and hold it for the long term.

After GameStop, Regulations Are Coming for Wall Street

Stock Market News. Stock Market News. GameStop Stock Has Crashed and Burned Follow these tips to stay financially healthy amid the new strain of the virus.

Time To Sell GameStop Stock After A 170% Rally

Oct 2, 2020 8:00AM EDT. W e believe there may be better places for your money than GameStop stock (NYSE:GME) at the present time. GME stock trades at around $10 currently, rising a solid 70% since

Why GameStop Stock Fell Today The Motley Fool

Stock Market Basics. Stock Market 101 analysts began to warn on Friday that investors likely overreacted to the partnership news by bidding GameStop's shares up so high, and its stock …

GameStop Stock Slips After Odd Rally. Analysts Say

GameStop stock is showing modest losses on Friday, one day after a nonsensical 44% rally triggered by what would appear to be a fairly mundane announcement on …

Anger as trading in GameStop shares is restricted

Anger as trading in GameStop shares is restricted. Amateur investors are responding with outrage after trading platforms curbed buying of shares in the US games firm GameStop …

GameStop & AMC shares plummet after Robinhood & WeBull

GameStop stock prices sunk to $126.01 by 11.20am on Thursday - which is drastically different than Wednesday morning, where the share price was $469.42.

Robinhood faces 'multiple lawsuits' for blocking GameStop

ROBINHOOD is facing 'multiple lawsuits' for blocking GameStop and AMC "Reddit rally" trading as companies' shares plummet. A pair of federal …

WallStreetBets and GameStop: Reddit investing frenzy

GameStop was the most-viewed stock on its platform Wednesday. Like Trading 212, some other investment platforms have started to restrict trades in certain shares.

Robinhood Restricts Trading in GameStop, Other Surging Stocks

Trading app Robinhood on Thursday restricted buying or trading in GameStop stock along with several other formerly obscure stocks that are spiking following a scramble of social media driven trading activity this week. The popular stock market app informed users that they could close out positions on the highly volatile stocks but could not purchase additional shares.

Soaring SaaS Stocks Lift the Markets; GameStop Keeps

GameStop to Stock-Hungry Investors: Thank You Very Much Stock Markets Fall, but GameStop and Clean Energy Fuels Are on the Rise GameStop and AMC Are Riding the Stock Market Roller Coaster Again

Is the Options Market Predicting a Spike in GameStop (GME

Investors in GameStop Corp. GME need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 19, …

GameStop's three largest shareholders have gotten

GameStop is one of the most heavily shorted stocks on the market, with more contracts to sell the stock short than there are shares available. 'Short selling' allows an investor to profit when the

‘Anger’: WallStreetBets, GameStop, Robinhood Drama Becomes

At one point, GameStop passed Plug Power to become the most valuable stock in the Russell 2000. Around 10 AM in New York, it was worth almost $40 billion. At that juncture, the stock’s 2021 rally totaled near 2,000%. As Bloomberg wrote in one of countless articles, it was “bigger than more than half of the companies in the S&P 500.”

GameStop Is No Longer Selling The Company, Sending Stocks

The decision to pull out of selling the the company actually caused the company's stock to plunge by 27.2%, with CNBC reporting a market capital loss of $430 million, with the stock …

Our GameStop Stock Prediction In 2019 (Buy or Sell

GameStop stock has underperformed its peers and the broader market, as the chain’s revenue and earnings get weighed down by the transition to mobile gaming and e-commerce: Over the past 12 months, GME lost 16.1% compared to a gain of 2.6% for the S&P 500.

Robinhood shuts down GameStop trades, sending stock into a

Shares of GameStop fell more than 60% at one point and were halted several times Thursday, after having soared in recent weeks because of support from individual investors on Reddit. The stock was

KOSS Stock: How Reddit Has Koss Corporation Shares

InvestorPlace - Stock Market News, Stock Advice & Trading Tips. Speculation on the WallStreetBets Reddit seems to be fueling another day of huge gains in Koss (NASDAQ: KOSS) stock …

Pattie Lovett-Reid: What's going on with the surging

It is hard not to take notice of a company whose stock has had a 52-week low of $2.57 and at 52-week high of $159.18. I'm talking about GameStop, …

A Not-So-Free Market Above the Law

A Not-So-Free Market While the U.S. is allegedly built on a free market, the market is only free to be manipulated and profited off of by the wealthy.

GameStop's Odd Stock Situation Explained Game Rant

GameStop has been at the center of controversy before.Just last year it drew a tide of criticism for trying to stay open at the start of the COVID-19 pandemic, claiming it …

GameStop stock drops by 42% in a day as 'Reddit rally

As a result, those betting against GameStop are down $19.75 billion this year, according to market analysts S3, including a further $8 billion loss on Friday after the stock …

FB Stock Is Now the Most Undervalued Stock in the Market

While the market is hyper-focused on Reddit trading, the GameStop (NYSE: GME) squeeze, and all that noise, the smart thing to do here is to ignore all of that, buy FB stock…

Robinhood faces 'multiple lawsuits' for blocking GameStop

ROBINHOOD is facing 'multiple lawsuits' for blocking GameStop and AMC "Reddit rally" trading as companies' shares plummet. A pair of federal lawsuits were filed on Thursday, blaming the trading platform for alleged market manipulation, Law and Crime reported.

"Mr. Kitty" goes virtually to Washington over GameStop

“The idea that I used social media to promote GameStop stock to unwitting investors and influence the market is preposterous,” Gill told lawmakers. “My posts did not cause the movement of

GameStop (GME) Could Become a Takeover Target InvestorPlace

GameStop stock’s 50-day-moving average hovers around $13.50. A 50% premium on that equates to a takeover price tag of about $20 per share. The Bottom Line on GME

The GameStop stock saga is getting a movie adaptation — Quartz

Published February 1, 2021. It took only a few weeks for a group of Reddit users to send GameStop’s stock soaring and throw Wall Street into a frenzy. It took even less time than that for