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.
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 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.
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.
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.
“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 […]
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 […]