Silver stocks such as First Majestic Silver Corp (NYSE: AG) are shining amid speculation that the Reddit-fueled frenzy will extend to the precious metal and companies associated with it. What Happened: First Majestic shares closed 21.56% higher at $16.86 and gained 12.69% in the after-hours session on Thursday. The iShares Silver Trust (NYSE: SLV), an […]
Last spring, when GameStop Corp. was just a struggling videogame retailer and before Reddit took it to the moon, two small money managers teamed up in an audacious bid to shake up its board of directors. They thought the stock was worth a few more dollars. They won, and then things got wild. Shares have […]
New York Attorney General, Letitia James, released a statement Thursday announcing that “we are aware of concerns raised regarding activity on the Robinhood app,” and that “we are reviewing the matter.” Newsletter SignupStay up to date on the latest news: Sign up for the Sons of Liberty newsletter! Stay up to date on the latest […]
“This is unacceptable. We now need to know more about @RobinhoodApp’s decision to block retail investors from purchasing stock while hedge funds are freely able to trade the stock as they see fit,” she tweeted. This content was originally published here.
All arguments for buying and holding GameStop are completely illogical. Short interest has already dropped precipitously, and late buyers will be hurt more than the big guys. This content was originally published here.
U.S. stocks saw losses accelerated Friday midday, with investors fixated on concerns related to continued short squeeze in popular trading names like GameStop and AMC Entertainment Holdings. Fears about the effectiveness of new vaccines amid new strains of COVID-19 were also rattling investors that have been wrestling with news on the virus and a glut […]
GameStop’s stock has steadily been climbing all month long, but earlier today, it reached its highest point in company history. This continuing trend has been a shock, to say the least, but it now sounds like we have a better idea of why things keep moving in this direction. Around midday today, GameStop’s stock price […]