Tag Archives: Chicago Tribune

Column: No, the GameStop frenzy is not a ‘populist’ uprising, but it rhymes – Chicago Tribune

A protester holds a sign during a demonstration outside the New York Stock Exchange decrying Robinhood’s decision to impose trading limits on GameStop and other stocks on Jan. 28, 2021. (Gabriela Bhaskar/The New York Times/Gabriela Bhaskar/The New York Times) This content was originally published here.

What is up with GameStop? Here’s what you need to know. – Chicago Tribune

Employee Xavier Hayes helps a customer Nov. 9, 2020, at a GameStop store in the Avondale neighborhood of Chicago. GameStop stock is up more than 1000% through the first few weeks of 2021. (Raquel Zaldivar / Chicago Tribune/Chicago Tribune/TNS) This content was originally published here.

Chicago billionaire Ken Griffin faces heat in GameStop saga – Chicago Tribune

Chicago billionaire Ken Griffin is playing an unwanted and unexpected role in the Wall Street saga involving trading app Robinhood and heavily shorted stocks such as GameStop. This content was originally published here.

What to know about GameStop, Robinhood and the squeeze on hedge funds – Chicago Tribune

The internet and stock market are aflame over GameStop, the video game retailer whose stock is suddenly the darling of day traders putting the squeeze on Wall Street’s big players. This content was originally published here.

Investing Goliaths give up GameStop fight. AMC may be next battle. – Chicago Tribune

Employee Xavier Hayes, right, speaks on Nov. 9, 2020, to Timothy Jimenez, left, at a GameStop store in the Avondale neighborhood of Chicago. GamesStop stock has been soaring lately as part of a battle between major firms and small investors who follow Reddit. (Raquel Zaldivar / Chicago Tribune) This content was originally published here.

Robinhood, TD Ameritrade, other trading platforms restrict GameStop and other Reddit stock picks – Chicago Tribune

“For years, the same hedge funds, private equity firms and wealthy investors dismayed by the GameStop trades have treated the stock market like their own personal casino while everyone else pays the price,” she said in a statement. “It’s long past time for the S.E.C. and other financial regulators to wake up and do their […]

Reddit hammers hedge fund Melvin Capital with GameStop play – Chicago Tribune

A GameStop store in Des Plaines, Ill. Two hedge funds are bowing out of their short positions on the money-losing video game retailer. Citron Research’s Andrew Left said in a video posted on YouTube that his company is going to become more judicious in shorting stocks. Melvin Capital is also exiting GameStop, with manager Gabe […]