Tag Archives: New York

GameStop Redditors buy playful Times Square billboard ad

Reddit users have emblazoned a Times Square billboard in New York with a reference to the recent GameStop stock drama. The ad, which ran for an hour on Friday (January 30) courtesy of digital billboard maker Matei Psatta, shows symbols indicating vastly rising stock prices with the caption “$GME GO BRRR” – alluding to the […]

GameStop soars, and Wall Street bends

NEW YORK (AP) – GameStop’s stock is back to the races Friday, and the overall U.S. market is down again, as the saga that’s captivated and confused Wall Street ramps up the drama. GameStop shot up more than 70% in midday trading, clawing back most of its steep loss from the day before after Robinhood […]

Elon Musk #Bitcoin Moment Adds to Dogecoin, GameStop Wackiness – CoinDesk

One big question, of course, is what it all might mean for cryptocurrency prices. Prices for the digital token dogecoin (DOGE), which is basically just a doggie-faced meme, have shot up in value as rumors swirled that it might be the next to draw the attention of buck-the-system (or even just fun-seeking) retail traders. (For […]

GameStop short interest falls to $5.8 billion: S3 Partners

By Reuters Staff 2 Min Read FILE PHOTO: A person walks past a GameStop store in the Manhattan borough of New York City, New York, U.S., January 29, 2021. REUTERS/Carlo Allegri/File Photo NEW YORK (Reuters) – Short interest in GameStop Corp declined as the video game retailer’s stock price dropped and the number of shares […]

Number of GameStop shares shorted edges higher: S3 Partners

By Reuters Staff 1 Min Read FILE PHOTO: GameStop stock graph is seen in front of the company’s logo in this illustration taken February 2, 2021. REUTERS/Dado Ruvic/Illustration/File Photo NEW YORK (Reuters) – The number of GameStop shares shorted edged higher as the video game retailer’s stock price tumbled on Tuesday, according to the latest […]

GameStop, AMC slide as retail trading frenzy stalls

By Reuters Staff 1 Min Read FILE PHOTO: A GameStop store is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. REUTERS/Carlo Allegri/File Photo/File Photo (Reuters) – Shares of videogame retailer GameStop and movie theater operator AMC Entertainment Holdings lost 26% and 13%, […]

Silver is the new GameStop: Price boosted by online movement

NEW YORK (AP) — The price of silver is rallying as the online trading movement fueling the rise of unloved shares like GameStop took a shine to the precious metal. Silver futures jumped more than 10% on Monday, after briefly rising above $30 an ounce early trading, following strong gains over the weekend. On Twitter, […]

GameStop Falls Again While Silver Retreats – WSJ.com

Silver prices slipped early Tuesday after a leading metals exchange slapped higher margin requirements on traders. Comex silver futures were down 6% at $27.68 a troy ounce. They rose as high as $32.35 an ounce on Monday, their highest level since 2013, becoming the latest in a list of assets to be driven higher by […]

WallStreetBets vs Robinhood: Users Sue Over GameStop Ban – Decrypt

Popular millennial trading app Robinhood has been hit by a pair of customer lawsuits following restrictions placed on GameStop stock trading, according to a report from Bloomberg. Robinhood user Brandon Nelson filed suit in New York citing market manipulation on the part of the trading platform. This story is developing and will be updated. This […]

Gamestop stock-Reddit-Robinhood situation explained: Why the surge is shaking Wall Street – ABC7 New York

WHAT IS HAPPENING WITH GAMESTOP’S STOCK? The meteoric rise in GameStop’s stock, as traders congregating on Reddit and Discord take on short sellers and hedge funds, is hard to look away from. AND THE COMPANY ITSELF? REDDIT IS INVOLVED, RIGHT? THAT ALONE PUSHED THE STOCK UP MORE THAN 1,000%? WHAT’S A SHORT? As GameStop’s gains […]