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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 gamestop stock news explained
GameStop Explained: Reddit’s WallStreetBets vs Hedge Fund
GameStop stocks had been battling alongside different retailers for quite a long time, even before the pandemic hit. The cost of GameStop stock fell to $3.25 per stock. This was seen as a golden opportunity by the Hedge Fund named Melvin Capital who made a bet against GameStop stock by short-selling its stock. explain the gamestop stock issue
GameStop stock Reddit explained wtsp.com
A big reason for that is how deeply hated GameStop's stock was by hedge funds and other professional investors on Wall Street. Many were betting on GameStop's stock to … gamestop story explained
How GameStop And An Army Of Reddit Traders Exposed The
An army of novice traders had united on social media site Reddit and relentlessly bought stock and options in ailing video game retailer GameStop on trading applications such as … reddit and gamestop explained
How WallStreetBets pushed GameStop shares to the Moon
If you understand how smart this is, watch the Volkswagen squeeze a few years back. Wall Street is so mad business analysts and investment groups are calling for collusion, ban on memes and the complete shutdown of stock forums and wall street bets. The spill over from the squeeze has made BlackBerry jump 30% and AMC 29%. wall street bets explained
GameStop share price explained: 6 things you need to know
GameStop shares surged 700% at the end of January to $347 but have declined sharply since, hitting $44.97 earlier this week as the Reddit army phenomenon seemed to be winding down. gamestop wall street explained
GameStop for Dummies: this TikTokker breaks down the
GameStop for Dummies: this TikTokker breaks down the situation (VIDEOS) By now, we’re sure you’ve heard that the GameStop stock has blown up because of Reddit. What you may not understand, is how, what, or why. Luckily for you, Brianna Parkins, an ex-financial journalist, has taken to TikTok to explain what’s happened — without the
GameStop Stock Explained: Robinhood, Short Squeezes, And
GameStop Stock Explained: Robinhood, Short Squeezes, And Reddit. After years of poor performance, GameStop's stock has surged to record highs in the last week. whose tips …
GameStop for Dummies: this TikToker breaks down the
GameStop for Dummies: this TikToker breaks down the situation (VIDEOS) By now, we’re sure you’ve heard that the GameStop stock has blown up because of Reddit. What you may not understand, is how, what, or why. Luckily for you, Brianna Parkins, an ex-financial journalist, has taken to TikTok to explain what’s happened — without the
How a band of Reddit traders drove GameStop stock up 275%
How a band of Reddit traders drove GameStop stock up 275% in a week: CNBC After Hours. CNBC.com’s MacKenzie Sigalos brings you the …
The Reddit, GameStop And Wall Street Saga, Explained
The Reddit, GameStop And Wall Street Saga, Explained by source January 30, 2021, 3:16 AM 1.3k Views In the most basic terms, the battle over GameStop stock is a David-and-Goliath story, pitting old against new, “smart money” against “dumb money,” the Wall Street establishment against everyone else.
Explained: The Adrenaline-Driven Rise of GameStop Stock
GameStop, a dying video game retailer, has risen to all-time highs in the stock market. How did it happen? A few weeks ago, the company (stock trading as ticker: GME) traded around lows of ~$19.As of January 27th, 2021, the GameStop stock has reached an all-time high of $350.
GameStop stock crashed, but Reddit still wants to send it
GameStop stock crashed, but Reddit still wants to send it to the moon. How and what's next Wall Street's big bets against GameStop went sour when Reddit traders bet …
GameStop Explained: Reddit’s WallStreetBets vs Hedge Fund
GameStop stocks had been battling alongside different retailers for quite a long time, even before the pandemic hit. The cost of GameStop stock fell to $3.25 per stock. This was seen as a golden opportunity by the Hedge Fund named Melvin Capital who made a bet against GameStop stock by short-selling its stock.
Gamestop stock: people vs hedge fund managers
All from a Reddit forum. GameStop stock explained: Reddit vs. hedge funds. Since the function of hedge funds in combination with new crowd-sourced strategies would require a lot of text, here is one of the best and simplest explanations I could find for you on Youtube:
GameStop stock surge explained: Reddit users send Wall
Reddit users were looking to stick it to the “fat cats” of Wall Street. As word spread on its message board that a hedge fund was planning to short sell GameStop’s stock — users decided to
Everything you need to know about how a Reddit group blew
GameStop’s stock rose a little less than 13% that day. But this wasn’t a normal, momentary stock surge. Two days later, it rose 57%. Then …
Why People Are Talking About GameStop Stocks On Twitter
So far, short-sellers have reportedly lost over $5 billion thanks to Reddit's GameStop play. Turns out, our parents were right — video games can cause violence. At least in the stock market.
GameStop mania explained: How the Reddit retail trading
Wall Street has been watching GameStop in awe as a band of Reddit-obsessed retail investors managed to push the stock up 1,500% in two weeks, squeezing out short-selling hedge funds.. A wave of at-home traders found each other on the red-hot “wallstreetbets” Reddit chat room, whose members have ballooned to over three million.
GameStop Stocks: Know the reason how 'Reddit' took
GameStop also surged 50 percent in extended trade after Tesla founder Elon Musk tweeted “Gamestonk!!”, along with a link to Reddit’s Wall Street bets stock trading discussion group, where supporters affectionately refer to the Tesla CEO as “Papa Musk.” “Stonks” is a humorous term for stocks widely used on social media.
How GameStop Stock Became Hedge Fund's Worst Nightmare
In the case of GameStop, the hedge funds had played their cards and were waiting for the shares to fall and make a killing. They had no idea that an online group on Reddit, where members exchange tips and stock ideas would put a spanner in their plan and the wound would be so deep that they would end up staring at bankruptcy.
How Reddit and GameStop Broke the Stock Market
The actions of a Reddit subgroup known as r/wallstreetbets have recently drawn in attention from Congress as Reddit members caused an entire hedge fund to go into bankruptcy over GameStop stocks. Stock market The stock market is where investors can buy and share investments or stocks, which are ownership shares in a publicly traded company.
Between a Reddit and a hard place: As GameStop stock saga
Between a Reddit and a hard place: As GameStop stock saga shows, populism is rising. reddit gbw strategies. A snapshot of Reddit's front page at its website reddit…
Want To Chat GameStop, AMC Stock Technicals With The Apes
For a new trader or investor, reading or participating in stock trading groups such as on Reddit or Twitter can be intimidating. More advanced members of the groups use lingo, terminology and
GameStop: All You Need To Know About Wallstreetbets On
In a word – Reddit. As GameStop’s stock was sinking faster than the Titanic, someone on Reddit noticed a Hedge Fund was heavily ‘short-selling’ the stock. Then a group of amateur day
What's Going On With GameStop Stock, in Terms Simple
The attention from all the trading made GameStop one of the most-traded stocks on the market. Chamath Palihapitiya, a tech investor, gave a detailed explanation to …
How a retail trader turned $50,000 into $50 Million Story
So this trader with user name DeepFuckingValue, shared a post in reddit in 2019 that he invested around $50,000 in call options on GameStop stock. First, let me explain why most retail traders buy options instead of buying shares. A lot of people (on Reddit) who like a company don’t buy stock; they buy call options.
GME Stock: 11 Reasons to Avoid GameStop Despite the Hype
GME stock is a meme stock that made an irrational climb for all the wrong reasons. Here's why you should avoid investing in GameStop.
Why Did the Price of GameStop Stocks Jump So Suddenly
Several unrelated posts on Reddit around the end of January 2021 brought up GameStop (GME) as a potentially viable investment opportunity. Despite reports predicting that the value of the GME stock was about to decline, users rallied around the stock and started investing in it.
What Is Going on With GameStop
GameStop has had a rocky time of things for the past few years and particularly during the pandemic, when it has had to shutter stores and saw its stock price plummet. Until yesterday, that is, when its stock price rose astronomically thanks to Reddit. We had questions and you probably do, too, so let's see if we can answer some.
GameStop: How WSB Beat Hedge Funds at Their Own Game
WSB realized that if they bought en masse, they could deal a blow to the "smart money" shorting GameStop stock. The subreddit's short-squeeze strategy has claimed at …
GameStop: What is it and why is it trending
GameStop was one of the companies that loads of hedge funds (companies who do these bets) had bet on to lose a lot of value. But huge numbers of people in the wallstreetbets Reddit forum swapped
From Bitcoin to GameStop to SPACs: 8 Tips for Mania
From Bitcoin to GameStop to SPACs: 8 Tips for Mania Investing It’s true, there is money to be made (or lost!) in crazy stock trends, and it can be exciting.
Forget AMC, GameStop: Analyst Names 2 New Reddit Stocks
Meme stocks AMC Entertainment Holdings Inc (NYSE:AMC) and GameStop Corp. (NYSE:GME) are on the move once again this week, fueled by targeted buying campaigns driven by Reddit’s WallStreetBets
Gamestop, Reddit, Robinhood and Wall Street "Stock Market
Then, as the valuation of GameStop grew, weak bets on Wall Street began to cost investors billions of dollars. As Reddit users undertake an intense battle against Wall Street, they want the price to increase even further. The Reddit users of the forum r/WallStreetBets sent the stock up more than 14,300 percent at one point.
5 Penny Stocks Reddit Traders Are Buying On GameStop NFT
Earlier this year, a surge in blockchain tech-based companies caught the attention of retail traders. Soon after, Reddit communities were abuzz with discussions on what to look for or “the next” stock to watch. Aside from the budding interest (at the time) in meme stocks, including GameStop and AMC stock, a new niche began evolving. This
What You Need to Know About the GameStop Stock Trading
The internet and stock market are aflame over GameStop, You can put some of the blame on Reddit’s Wall Street Bets forum, one of the weirder …
Robinhood's role in GameStop stock spike scrutinized by
A congressional hearing will try to explain everything about the GameStop stock roller coaster. Getty Images GameStop's stock crashed shortly after traders in a Reddit …
Reddit Users Vs. Wall Street Giant In Fight Over GameStop
A group of amateur stock investors has banded together on Reddit to take on a Wall Street giant in a fight for the value of the stock for GameStop. For now, the little guys are winning.
How GameStop Demonstrates the Phenomenon of Ideological
GameStop’s (NASDAQ:GME) stock price climbed on Tuesday after the video game retailer said it sold 3.5 million additional shares, raising $551 million to speed up the company’s e-commerce transformation. The stock, favored by the Reddit retail trading crowd, jumped 10% in premarket after gaining nearly 12% during Monday’s regular trading