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Why AMC Shares Spiked 20% Today
Monday, February 22, 2021 - 9:26pm | 418Read More...AMC Entertainment Holdings Inc (NYSE: AMC) shares shot up over 20% in regular and after-hours sessions today. What Happened: AMC shares rallied on Monday after New York Governor Andrew M. Cuomo announced that movie theaters in New York City are now permitted to re-open. “We will now be...
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Palantir Replaces GameStop As WallStreetBets' Top Interest
Friday, February 19, 2021 - 3:43am | 429Read More...Palantir Technologies Inc (NYSE: PLTR) is emerging as the new darling of the Reddit investor forum r/WallStreetBets. What Happened: The comment volume on the Peter Thiel co-founded company stood at 2,535 as against 1,465 on GameStop Corp (NYSE: GME), according to SwaggyStocks, a website that...
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GameStop Fame's Roaring Kitty To Congress: 'In Short, I Like The Stock'
Thursday, February 18, 2021 - 2:00am | 466Read More...Keith Patrick Gill, a key investor from the Reddit forum r/WallStreetBets better known by his username “Deep F---ing Value,” is set to defend his role in the rally of GameStop Corp (NYSE: GME). What Happened: Gill, popular among his YouTube fans as "Roaring...
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SEC Considers Requiring More Transparency From Short Sellers After GameStop Saga: WSJ
Thursday, February 18, 2021 - 12:37am | 553Read More...The recent frenzied-movements in so-called meme stocks like GameStop Corp (NYSE: GME) are causing the apex market regulator to consider ushering in more transparency in short trades, the Wall Street Journal reported Wednesday. What Happened: The United States Securities and Exchange Commission, now...
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Is BlackBerry Back? With New Partnerships, The Company Is Ready For A Closer Look
Sunday, February 14, 2021 - 10:55am | 791Read More...BlackBerry Ltd (NYSE: BB) has been hot lately, and not only for its WallStreetBets fame. BlackBerry released some big news, including information about its QNX and IVY systems partnerships. Investors are closely watching to see if BlackBerry can regain its former glory. It has ...
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Roaring Kitty, Ken Griffin, Vlad Tenev To Be Among Those Testifying At House Hearing
Saturday, February 13, 2021 - 10:14am | 561Read More...Citadel Founder and CEO Ken Griffin An event is coming this week that should offer up plenty of material for documentary writers who are already hard at work in covering the GameStock stock saga. House Hearing: Many of the major names who were at the center of the storm — WallStreetBets,...
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Sundial, Tilray, Aphria Continue Rally Amid High Retail Investor Interest
Thursday, February 11, 2021 - 4:16am | 293Read More...Cannabis stocks are surging pre-market amid high interest from retail investors on social media, in particular the Reddit community WallStreetBets. Sundial Growers (NASDAQ: SNDL) is trading 30% higher at $3.83 in the early pre-market session at press time on Thursday. See also: How to Buy...
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US Dollar, The Next Short Squeeze Target? Why It's Impossible
Tuesday, February 9, 2021 - 5:27am | 374Read More...The GameStop Corp. (NYSE: GME) short squeeze story — which has held its own in headlines, though without any real impact on the market — has recently been put aside. However, on some US financial websites, another short squeeze has come to the fore — the US dollar. Bearish Stances...
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Reddit Doubles Valuation To $6B As It Raises Money In A 'Good Market'
Monday, February 8, 2021 - 9:44pm | 466Read More...Reddit said Monday it raised more than $250 million in Series E funding from both existing and new investors. What Happened: The social news aggregator and discussion website’s current investors include Tencent Holdings Ltd (OTC: TCEHY), Andreessen Horowitz, and Sequoia Capital, according to...
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Is Tilray Set For Another Short Squeeze?
Monday, February 8, 2021 - 6:55pm | 542Read More...Cannabis companies have seen their share prices rise significantly this year as U.S. lawmakers look set to tackle federal marijuana reform measures. What Happened: Shares of Tilray Inc. (NASDAQ: TLRY) have gained over 250% since the start of January. Traders and investors could be wondering if...
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GameStop's Stock Squeeze Had Zero Impact On Foot Traffic Trends
Monday, February 8, 2021 - 6:32pm | 349Read More...Even during a pandemic, could a stock's 1,500% surge lead to some extra foot traffic? The short-covering fiasco seen in GameStop Corp.'s (NYSE: GME) stock appears to have little to no impact. Placer.AI On GameStop: Shares of GameStop traded near the $500 per share mark on Jan. 28, but...
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AMC Major Stakeholder Wanda Converts Stock To Allow For Sale Amid WallStreetBets Frenzy
Monday, February 8, 2021 - 1:58am | 486Read More...A major Chinese investor in AMC Entertainment Holdings Inc (NYSE: AMC) converted its shares in the cinema operator in order to be able to sell them, according to a filing with the U.S. Securities and Exchange Commission. What Happened: Wanda America Entertainment Inc, a unit of Beijing-...
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Reddit Pays Ode To GameStop 'Underdogs' In 5-Second Super Bowl Ad
Monday, February 8, 2021 - 12:18am | 571Read More...Reddit took out a five-second advertisement during Sunday’s Super Bowl that paid an ode to "underdogs," as highlighted during the GameStop Corp. (NYSE: GME) short squeeze saga. What Happened: ‘Wow, this actually worked,” declared the text-only commercial going....
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Ripster Makes The Case For Cyclacel On Benzinga's 'Power Hour'
Friday, February 5, 2021 - 2:12pm | 291Read More...Bio & Tech Trading Founder Ripy Ghuman — Ripster — explained on Benzinga's "Power Hour" Friday why shares of Cyclacel Pharmaceuticals Inc (NASDAQ: CYCC) were trading higher. The Case For Cyclacel: Cyclacel is a biopharmaceutical company that develops...
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Schroders On GameStop Mania: Why Bears Are Not The 'Bad Guys'
Friday, February 5, 2021 - 5:47am | 692Read More...Schroders analyzes short selling also from an ethical point of view, reaching the conclusion such practice has an unfairly negative reputation. The battle between private traders and hedge funds over the GameStop Corp. (NYSE: GME) case made the headlines lately, shining a light on a...
