Tag Archives: Getty Images

Rapper Ja Rule blasts Robinhood app, calling its Gamestop halt a ‘f–king crime’

Fox News Flash top entertainment and celebrity headlines are here. Check out what’s clicking today in entertainment. Rapper Ja Rule is the latest entertainer to weigh in on the trading turmoil caused by the app Robinhood. The 44-year-old hip-hop star took to Twitter to denounce Robinhood and accused it of criminal behavior for temporarily halting users […]

Trading for GameStop, AMC, and Express Stocks Halted for Volatility as Popular Brokerages Like Robinhood Take Action | The Motley Fool

Extreme volatility caused trading halts for several popular stocks on Thursday morning. Among them were video game retailer GameStop (NYSE:GME), movie theater company AMC Entertainment Holdings (NYSE:AMC), and fashion retailer Express (NYSE:EXPR). According to data from Nasdaq, all three stocks triggered code M, a volatility trading pause for an “exchange-listed issue.” Trading resumed a few […]

After GameStop Debacle, Citron Research Gives Up on Short-Selling | The Motley Fool

Is GameStop (NYSE:GME) making believers out of short-sellers? Hardly. But Citron Research founder Andrew Left says that after losing 100% of his short position in the video game retailer, he’s giving up telling investors what stocks to bet against. From now on, his Citron Research site will only tell investors what stocks to buy. A […]

GameStop Trading Ought To Be Halted for 30 Days, One Regulator Says | The Motley Fool

As the headline-making short squeeze of video game and electronics retailer GameStop Corp. (NYSE:GME) continues, one government official is calling for a month-long halt to trading of the company’s shares. Barron’s reports that Secretary of the Commonwealth of Massachusetts William Galvin wants a 30-day trading suspension, remarking, “small and unsophisticated investors are probably going to […]

Here’s Why GameStop Stock Soared Today — and Then Surged Even Higher in After-Hours Trading | The Motley Fool

What happened Shares of GameStop (NYSE:GME) extended their torrid recent gains on Tuesday. By the close of trading, the video game company’s stock price was up a stunning 92.6%. So what GameStop’s shares are now up more than 1,000% since the beginning of the year. Analysts say the stock’s staggering ascent is due largely to a short […]

WallStreetBets Declares Victory as GameStop Stock Soars Over 50% | The Motley Fool

After being left for dead less than a year ago, GameStop (NYSE:GME) has come roaring back, ending the day up 50% to a new all-time high of $65.01, after trading for roughly $2.50 per share early last year. At one point on Friday, shares had gained as much as 78%, before tripping Wall Street breakers […]

Robinhood CEO expected to testify before Maxine Waters’ panel on GameStop – POLITICO

House Financial Services Chair Maxine Waters (D-Calif.) and other Democrats are vowing to investigate what role Wall Street hedge funds may have played in the move to halt trading. House Financial Services Chair Maxine Waters (D-Calif.) arrives for a committee hearing. | Getty Images Robinhood, which has grown rapidly as an easy-to-use platform for individual […]

32 Stores That Deserve A Gamestop Revival

Barry Brecheisen / WireImage Paul J. Richards / Getty Images Tim Boyle / Getty Images Bryan Chan / Los Angeles Times via Getty Images Alex Wong / Getty Images Brian Harkin / Getty Images Craig Mitchelldyer / Getty Images Star Tribune Via Getty Images Michael L. Abramson / The LIFE Images Collection via G Spencer […]

GameStop Founder Comments On The Reddit Frenzy, Says It’s An “Honor” To Be Chosen – Nintendo Life

© AaronP/Bauer-Griffin/GC Images/Getty Images So, it turns out that the son of one of the founders of GameStop has been on r/wallstreetbets this whole time, watching the saga unfold. If you need a primer on what exactly we’re talking about here, go read our coverage – we’ll wait. Ben Kusin, the Redditor in question, is […]

How and why Gamestop shook the stock market

Hedge funds and short-selling stock: How and why Gamestop shook the stock market Online traders have delivered a multibillion-dollar message to big investors but the situation raises important questions about social media’s impact on the stock market, writes Ben Chapman Friday 29 January 2021 00:17 Find your bookmarks in your Independent Premium section, under my […]