Tag Archives: The New York Stock Exchange

Column: No, the GameStop frenzy is not a ‘populist’ uprising, but it rhymes – Chicago Tribune

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.

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 […]

Goldman sees hedge fund exposures close to records, ongoing sell-off risk after GameStop swings

By Reuters Staff 1 Min Read FILE PHOTO: A man wears a protective mask as he walks past the New York Stock Exchange on the corner of Wall and Broad streets during the coronavirus outbreak in New York City, New York, U.S., March 13, 2020. REUTERS/Lucas Jackson NEW YORK (Reuters) – U.S. hedge funds last […]

GameStop Stock Soars, and Social-Media Traders Claim Victory – WSJ

Individual investors who recently piled into GameStop Corp. are taking a victory lap this week after shares of the struggling company doubled in the last two days, putting the stock on pace for its best weekly performance on record. For weeks, members of Reddit’s popular WallStreetBets forum have been touting GameStop, encouraging others to scoop […]

AMC and GameStop stocks swing wildly as Reddit’s bets against Wall Street are tested – CNET

Some Reddit investors are seeing their millions go up in smoke. GameStop and AMC stocks at the center of a multibillion dollar drama between Wall Street investors and social media traders on Reddit have dropped dramatically Thursday. GameStop shares jumped to a high of $483 per share early in the day halved to around $246 […]

GameStop trading resumes after brief halt as shares tumble

By Reuters Staff 1 Min Read FILE PHOTO: A GameStop store is pictured in the Manhattan borough of New York City, New York, U.S., January 29, 2021. REUTERS/Carlo Allegri/File Photo (Reuters) – Shares of videogame retailer GameStop Corp resumed trading on the New York Stock Exchange after being briefly halted following a 42% slump when […]

Texas investor uses GameStop gains to donate Switches to sick children

If you’re anything like me, you’ve been glued to the ongoing drama regarding GameStop’s stock. While there’s still a big push to hold onto the stock (which trades under the symbol GME on the New York Stock Exchange) to drive the price up, not everyone is on board. Given the high price, it’s incredibly tempting […]

Jon Stewart Joins Twitter to Call Out Wall St. ‘Bulls**t’ on GameStop

Former late-night host Jon Stewart made his first-ever Twitter post Thursday to voice support for WallStreetBets and the populist wave of investors fighting hedge funds over shares of GameStop, Nokia, BlackBerry, and other highly-shorted companies. “This is bullshit,” Stewart wrote. “The Redditors aren’t cheating, they’re joining a party Wall Street insiders have been enjoying for […]

TD Ameritrade restricts trading of GameStop, AMC stock – CNET

Investors are making some big deals with shares of GameStop.  GameStop’s stock continues to make big moves Wednesday, surpassing $300 a share, fueled by Reddit users taking on Wall Street. Investors looking to make some trades faced multiple issues this morning trying to log in to their preferred investing sites and apps as many were […]