Tag: Hobby/Toy/Game Stores

A huge day for meme stocks sees Mudrick reportedly dump AMC stock, and Roaring Kitty returns to rally GameStop die-hards

An extended holiday hiatus hasn’t stopped the meme stock mojo, with GameStop and AMC Entertainment registering stellar returns to start June action, sending supporters of...

Bitcoin, GameStop and NIO bets turned this flight attendant into a millionaire: Now he’s wagering it all in one final push to $3 million

Don’t invest like Andrew Dawood — you may never be as lucky. The Egyptian-born resident of Dubai turned roughly $50,000 in savings into $1.7 million...

Opinion: GameStop’s stock price is down 50% from the highs — and it’s still crazy

GameStop was not worth owning anywhere above $45 a share, given the company’s fundamentals, as explained when we closed our Focus List: Long position in the...

GameStop: The incredible unshortable stock

GameStop GME, -2.35% might be the unshortable stock. Shares in the Texas-based videogame retailer dropped by more than 10% at the open Monday after the...

GameStop stock was reaching new heights, but shares in the meme stocks just plummeted

GameStop Corp. shares Wednesday were on track for their highest closing price in history and their longest winning streak since the videogame retailer’s stock became...

GameStop hearing challenges assumptions about rookie investors — ‘Retail investors making up this new surge are different’

YOLO? Maybe not quite so. During the GameStop trading frenzy, some observers worried many rookie retail investors banding together on sites like Reddit’s WallStreetBets would...

We were ‘dangerously close’ to collapse of ‘entire system,’ says Interactive Brokers founder ahead of GameStop hearing

“ ‘What I would like to point out here is that we have come dangerously close to the collapse of the entire system, and the...

Is the stock market due for a correction in 2021? Here’s what some experts think

A pullback for the Dow Jones Industrial Average and the S&P 500 index on Tuesday halted the longest win streak for stocks in months, but...

GameStop, AMC stocks close lower as oversight momentum builds, Reddit poster to testify

GameStop Corp. shares closed lower Thursday for their third trading day this week as volatile trading of heavily shorted stocks comes under more federal scrutiny....

Trader beware: Read this before buying stocks with investment apps like Robinhood

As social media has stoked interest in an assortment of stocks that recently were being shorted by hedge funds, Robinhood and similar, low-cost trading and...

Silver prices tumble nearly 7% and gold skids below trend lines

Gold and silver futures headed sharply lower Tuesday, with the tumble in prices for gold’s sister metal coming as the CME Group raised margin deposit...

Robinhood raises another $2.4 billion from shareholders

Robinhood Markets Inc. raised another $2.4 billion from shareholders, days after investors agreed to pump $1 billion into the online brokerage to help it ride out a...

Tesla CEO Elon Musk calls Robinhood CEO ‘Vlad the Stock Impaler’ and grills him over the GameStop saga

“ ‘The people demand an answer, and they want to know the truth.’ ” That was Elon Musk, the chief executive officer of electric-car maker...

Dow futures rise 250 points as the stock market tries to shake GameStop angst

U.S. stock-index futures on Monday morning were trading solidly higher as the market attempted to recover from its worst weekly loss since October as worries...

Here are the biggest short squeezes in the stock market, including GameStop and AMC

Short squeezes will remain a big story in the financial-news media until heavily shorted stocks that have been pushed up by individual investors connected through...

How will this wild GameStop saga end? The ghosts of trading catastrophes past offer clues

Champions of GameStop’s jaw-dropping stock surge portray it as a victory by long-suffering mom-and-pop investors over nefarious Wall Street institutions, but some veteran market observers...

Opinion: GameStop’s stock surge and QAnon couldn’t seem more different — yet they have this trait in common

When former SEC Commissioner Laura Unger compared the short squeeze of GameStop’s stock to the recent storming of the U.S. Capitol, she was mostly referring...

This big Wall Street player made out like a bandit on AMC stock

Private-equity firm Silver Lake made out like a bandit this week by piggybacking off the stock market frenzy stoked in recent weeks by users of...

The GameStop and AMC drama doesn’t stop with the stock market

The bond market is largely out of reach for day traders, unless through a proxy, so it would seem safe from the dynamics that have...

Peterffy calls Robinhood decision to allow ‘limited buys’ of GameStop troubling: ‘I’m not comfortable’

Thomas Peterffy, founder and chairman of Interactive Brokers Group Inc., explained the rationale behind his brokerage firm’s decision to put restrictions on investing in companies...

Fancy an overnight at legendary Manhattan toy store FAO Schwarz? It’s just $25 on Airbnb.

Those who’ve gotten their hands on newly minted Airbnb shares at their listing price may be thinking the company’s IPO was too good to be...