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Tag: GameStop

GameStop jumps as stock split lures retail investors

Shares of GameStop rose nearly 10% on Thursday after the video game retailer announced a four-for-one stock split in an attempt to revive retail...

GameStop hires Amazon executive as chief growth officer

The company’s shares, which were at the heart of a Reddit-driven retail trading frenzy early this year, rose nearly 5% in pre-market trading.

GameStop jumps more than 40%

Other stocks favored by retail investors on forums such as Reddit’s WallStreetBets also rallied

GameStop spikes as investors eye cryptic tweet by shareholder

Shares of Reddit-darling GameStop climbed on Thursday, rising more than 20% at one point in yet another unexplained move.

Robinhood plans confidential IPO filing as soon as March: report

The California-based brokerage has held talks in the past week with underwriters about moving forward with a filing within weeks, Bloomberg said

Bots hyped up GameStop on major social media platforms: analysis

Bots on major social media platforms have been hyping up GameStop Corp and other “meme” stocks, according to an analysis by Massachusetts-based cyber security company PiiQ Media

GameStop’s German shares surge, overshoot Wall Street rally

The surge comes after a couple of weeks that saw the shares move in relatively tighter ranges

How were more than 100% of GameStop’s shares shorted?

Executives from trading platform Robinhood and hedge funds Melvin Capital and Citadel Securities will be grilled following the retail-driven trading frenzy that sparked wild gyrations in GameStop

Family sues trading app Robinhood over suicide

The family of a college student who killed himself after thinking he'd lost a fortune using Robinhood sues the free trading app

What is GameStop actually worth?

The company’s shares soared more than 1,600% in January as retail investors, urged on by popular Reddit forum WallStreetBets

Game Stop shares jump 11% as Reddit trading mania calms

Shares of videogame retailer Game Stop jumped 11% in early deals on Monday even as recent social media-hyped trading hysteria in other stocks appeared to be fizzling out

Reddit trading frenzy fades

GameStop’s US-listed shares, which scaled as high as $483 last week, fuelled by posts on the popular Reddit forum WallStreetBets

Robinhood app downloads soar despite trading restrictions

The app saw 2.1 million downloads in the United States on Google Play and App Store last week, as traders on Reddit and other social media platforms organized to buy stocks shorted by Wall Street hedge funds

GameStop slides, silver spree stalls as retail traders run out of road

GameStop shares slid in Frankfurt and US pre-market trade on Tuesday and a silver buying spree led by small investors subsided

Five things to watch in Reddit stocks trading mania

Silver dropped more than 4% on Tuesday and GameStop Corp sank 33% in early European deals

Robinhood and Reddit protected from lawsuits by user agreement, Congress

Robinhood Markets’ user agreement is likely to protect the brokerage app from a barrage of lawsuits filed by customers after it blocked a frenzied trading rally in companies such as GameStop

GameStop’s ‘Reddit rally’ puts scrutiny on social media forums

Users of a Reddit group, in which 5 million members exchange investment ideas, generated significant profits by gorging on shares of GameStop Corp and other out-of-favor companies

Robinhood raises $1 billion of fresh funding from existing investors

Online broker Robinhood has raised more than $1 billion of fresh capital from existing investors, having been strained by high volumes of trading this week and raising the ire of customers

#GameStop: How Wall Street gains from ‘populist’ trading movement

Steep gains in shares of GameStop and other stocks this week have been described as populist market revolts

American Airlines joins GameStop trading frenzy as calls for probe build

GameStop, the video game chain whose 1,700% rally has been at the heart of the slugfest in the past week, retreated after initially adding another 37% in early tradin
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