Tag Archives: movie theater chain

Robinhood shuts down GameStop trades – CNN

The phenomenon is called a short squeeze. An investor who thinks a stock will fall borrows the shares and sells them, with the hopes of buying them back at a lower price and pocketing the difference before paying back the loan. JUST WATCHED Jordan Belfort: GameStop frenzy is a ‘modified pump and dump’ Jordan Belfort: […]

GameStop Stock Trading: 4 Things to Know – The New York Times

OK, but why GameStop? You can put some of the blame on Reddit’s Wall Street Bets forum, one of the weirder places on the internet. Wall Street Bets, or WSB, is where armchair traders gather to share memes, commiserate over losses and share more memes. But they also trade tips and analysis that can go […]