Reddit trades besides GameStop also crater — AMC, silver take big hits
Shares of AMC Entertainment, which rallied nearly 300% last week from a major short squeeze, was down 27% on Tuesday.
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As GameStop plunges, Volkswagen's 2008 short squeeze gives an idea of how painful it will get
"The classic pattern of past squeezes include a quick rise, and a quick fall," a strategist said. When the squeeze is done, everyone sells at the...
Fintech regulation: how to achieve a level playing field
BIS Fernando Restoy Feb 2021 The disruption created by technological progress in the market for financial services arises from (i) an expanded set of services offered...
The other Reddit trades besides GameStop are also cratering with AMC, silver taking big hits
Shares of AMC Entertainment, which rallied nearly 300% last week from a major short squeeze, is down 27% on Tuesday.
Exxon Mobil reports a $20 billion loss, fourth straight quarter in the red
Exxon reported its fourth straight quarter of losses amid the "most challenging market conditions" the company has ever faced.
Black leaders offer several key steps to help close the racial wealth gap
As the nation celebrates the achievements of African Americans during Black History Month, it is also a time to look ahead.
Rocket builder Astra to go public via SPAC at $2.1 billion valuation after reaching space last month
Rocket builder Astra is going to be the next publicly-traded space stock, merging with SPAC Holicity to go public at a $2.1 billion valuation.
The endgame may be near for the GameStop squeeze trade as enthusiasm and volume wanes
Signs have emerged that the endgame may not be far off for GameStop after its massive short squeeze last week.
GameStop shares climb as much as 18% in pre-market as frenzy continues into February
GameStop shares climbed in pre-market trading on Monday as the Reddit-fueled short-squeeze on Wall Street hedge funds looks set to continue.
SpaceX to fly first civilian crew to space later this year, with public competitions for two seats
SpaceX announced on Monday that it will launch four private individuals on a Crew Dragon capsule into orbit around the Earth for the Inspiration4 mission.
Joint Statement from CSA and IIROC on Recent Market Volatility
CSA and IIROC Release Feb 1, 2021 TORONTO - The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) are closely monitoring...
These two indicators could determine whether the GameStop rally is near its end
GameStop stock has defied gravity in the past and it could again, but there are some signs its stock may be topping out, strategists say.
GameStop shares lose nearly a third of their value on Monday following 400% short-squeeze spike last week
GameStop shares were lower on Monday as the Reddit-fueled frenetic trading extended into February.
Why the GameStop frenzy may hurt retirees along with hedge funds
Retail investors wanted hedge funds shorting GameStop stock to lose money when they ran up the share price. Pension plans may be collateral damage.
Robinhood appears to be benefiting from the trading controversy, seeing record app downloads
Robinhood had more than 600,000 people download its app on Friday, according to JMP Securities.