Apr 05, 2021 10:14 PM IST
The GameStop saga has been one of the biggest stories on Wall Street this year.
- Mar 31, 2021 11:30 AM IST
Allocating a portion of your portfolio in stocks that come with large discount-to-intrinsic value can benefit your overall portfolio if one or few of them burst out and see higher than normal market gains
- Mar 24, 2021 08:55 PM IST
The company said on Tuesday after reporting quarterly results that it has been considering since January whether to increase the size of the $100 million share sale that it originally announced in December.
- Mar 23, 2021 10:12 AM IST
Besides the usual favourites like Apple, Amazon and Facebook, Indians are now taking interest in some lesser-known stocks such as Fossil, Gap, Yelp, Concentrix Corp and Beyond Meat Inc, say experts
- Mar 19, 2021 11:13 AM IST
WallStreetBets group has also donated over $350,000 to the Dian Fossey Gorilla Fund International,
- Mar 09, 2021 10:50 PM IST
Tesla was short-sellers' biggest win, giving them estimated profits of $4.2 billion so far in 2021, followed by more than $1 billion gains each on Zoom Video and Apple, according to Ortex.
- Mar 09, 2021 11:30 AM IST
A few months ago, these so-called retail traders were a quirky sideshow in US stocks, dabbling in markets to fend off the boredom of coronavirus lockdowns
- Feb 26, 2021 03:12 PM IST
The moves are reminiscent of the shocking 1,625% surge for GameStop in January, when bands of smaller and novice investors communicating on social media launched the struggling video game retailer's stock.
- Feb 25, 2021 03:47 PM IST
GameStop shares rose as much as 240 percent in premarket trading and were up 210 percent as of 0741 GMT. The surge comes after a couple of weeks that saw the shares move in relatively tighter ranges.
- Feb 25, 2021 09:38 AM IST
A rally in GameStop has been rare since it fell back to earth early this month. The stock, which soared 1,600% at one point in January, has been extremely volatile.
- Feb 24, 2021 05:30 AM IST
GameStop said Jim Bell's resignation was not due to any disagreement with the company relating to its operations, including accounting principles and practices.
- Feb 19, 2021 10:12 PM IST
Parents can also help kids identify companies they are interested in and track them using fictitious money just for fun. That presents an opportunity to explain why a stock might rise and fall in value at different points.
- Feb 18, 2021 12:15 PM IST
Here is a timeline of the stock's rapid 1,600 percent rise, the social media-fueled retail activity that helped drive it, and how firms like hedge funds Citadel and Melvin Capital, along with retail brokerages like Robinhood, played a part in the action.
- Feb 17, 2021 03:04 PM IST
Burry was the first investor to foresee and profit from the subprime mortgage crisis that occurred between 2007 and 2010.
- Feb 12, 2021 03:56 PM IST
The struggling video-game retailer GameStop hit by the pandemic saw its stock surge by over 1,000% following social media chatter on a stock trading discussion group. What was the impact of this event on Indian markets? Can a similar incident happen in India? Let's find out answers to all these questions in this panel discussion with R. Kalyanaraman, CEO, Espresso, Vinay Bharathwaj, Co-Founder & Co-CEO at Stockal and Rajesh Cheruvu, CIO, Validus Wealth
- Feb 11, 2021 12:05 PM IST
GameStop illustrates clearly that capital markets are driven by flows and investor positioning, rather than by the underlying fundamentals of businesses
- Feb 10, 2021 05:17 PM IST
The Fed’s policy of low rates and bond purchases can give rise to problems when investors get swept up in market momentum
- Feb 09, 2021 05:08 PM IST
Short sellers, including hedge funds such as Plotkin’s Melvin Capital, had wagered that GameStop shares would fall while its mall-heavy business shrank further
- Feb 09, 2021 10:29 AM IST
Reddit has raised $250 million in funding led by venture-capital firm Vy Capital.
- Feb 09, 2021 10:29 AM IST
The saga demonstrates the muscle of private pools of capital generally, and of family offices in particular
- Feb 08, 2021 04:00 PM IST
The trading frenzy — powered by online hype over a rebellion against traditional Wall Street powers — had created and then destroyed roughly $30 billion in on-paper wealth
- Feb 08, 2021 11:19 AM IST
An economy in which individual fortunes are so closely tied to the health of the stock market rather than income growth is fragile
- Feb 08, 2021 11:14 AM IST
GameStonk hit the Super Bowl with a 5-second ad
- Feb 07, 2021 10:55 PM IST
The trading frenzy — powered by online hype over a rebellion against traditional Wall Street powers — had created and then destroyed roughly $30 billion in on-paper wealth.
- Feb 06, 2021 07:58 AM IST
Shares of GameStop and other companies caught in the recent social media-hyped trading frenzy rose on Friday, after online broker Robinhood li..