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  • GameStop enters the NFT space; to allow customers to buy, sell, trade Jan 07, 2022 10:37 AM IST

    GameStop enters the NFT space; to allow customers to buy, sell, trade

    Many job listings put out by the company in 2021 indicated that the company was looking for "exceptional engineers, designers, gamers and marketers" to come aboard an Ethereum-based NFT project.

  • US SEC report questions trading apps after GameStop frenzy Oct 19, 2021 12:20 PM IST

    US SEC report questions trading apps after GameStop frenzy

    A Securities and Exchange Commission report examining volatility in GameStop and other so-called "meme" stocks, said the wild market moves last winter highlighted the need for "potential study and further consideration" of ways to ensure "fair, order and efficient" markets.

  • India's foreign investments are growing exponentially in 2021; these 10 stocks are in focus Aug 16, 2021 11:23 AM IST

    India's foreign investments are growing exponentially in 2021; these 10 stocks are in focus

    Winvesta is the only platform that offers an international multi-currency account that enables investors to save, invest, and spend globally in 30+ currencies.

  • Hedge funds rethink tactics after $12-billion hit from meme stock army Jun 25, 2021 12:53 PM IST

    Hedge funds rethink tactics after $12-billion hit from meme stock army

    The blow shows how individual investors are posing a big challenge to professional investors in the Wall Street equities market

  • GameStop raises almost $1.13 billion in latest stock offering Jun 22, 2021 08:27 PM IST

    GameStop raises almost $1.13 billion in latest stock offering

    Shares of GameStop Corp., based in Grapevine, Texas, just outside of Dallas, are up more than 1,000% this year. Another meme stock, the movie chain AMC Entertainment, is up 2,300% this year.

  • GameStop names CEO Matt Furlong to board Jun 21, 2021 05:04 PM IST

    GameStop names CEO Matt Furlong to board

    Matt Furlong oversaw a small but growing part of Amazon's business as the country head for Australia, a role his LinkedIn profile said he assumed in May 2019.

  • What are meme stocks, what causes stupefying moves in such stocks, how to find the next meme stock and other questions answered Jun 09, 2021 03:12 PM IST

    What are meme stocks, what causes stupefying moves in such stocks, how to find the next meme stock and other questions answered

    Meme stocks got the name because their explosion in trading volume stems from interest and promotion on social media.

  • GameStop’s new NFT project to be powered by ethereum May 26, 2021 01:54 PM IST

    GameStop’s new NFT project to be powered by ethereum

    Although the company didn't make a big announcement, a new web portal for an NFT platform invited engineers, designers and marketers to join the team. The NFT web page also features a link to an ethereum address.

  • Gamestop, AMC short sellers sit on nearly $1 billion loss: Report May 19, 2021 11:23 AM IST

    Gamestop, AMC short sellers sit on nearly $1 billion loss: Report

    Shares in GameStop, which was at the heart of the so-called "stonks" retail trading mania earlier this year, have risen by a third in the last one week, while shares in cinema operator AMC are up 39 percent.

  • GameStop says CEO George Sherman to resign; starts search for successor Apr 19, 2021 05:05 PM IST

    GameStop says CEO George Sherman to resign; starts search for successor

    The videogame retailer's shares, which were at the heart of a Reddit-driven trading frenzy, jumped 7 percent in premarket trade on Monday after the company said George Sherman would resign on or before July 31 and that it had started looking for a successor.

  • GameStop to sell 3.5M shares after stock frenzy boosts price Apr 05, 2021 10:14 PM IST

    GameStop to sell 3.5M shares after stock frenzy boosts price

    The GameStop saga has been one of the biggest stories on Wall Street this year.

  • The GameStop saga: How an Ugly Duckling turned into a Golden Swan Mar 31, 2021 11:30 AM IST

    The GameStop saga: How an Ugly Duckling turned into a Golden Swan

    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

  • GameStop tumbles as Reddit darling mulls share sale Mar 24, 2021 08:55 PM IST

    GameStop tumbles as Reddit darling mulls share sale

    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.

  • Not just FAANG, Indian investors could look at these 15 US stocks in FY22: Experts Mar 23, 2021 10:12 AM IST

    Not just FAANG, Indian investors could look at these 15 US stocks in FY22: Experts

    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

  • After GameStop, Reddit's WallStreetBets unites to adopt 3,500 gorillas Mar 19, 2021 11:13 AM IST

    After GameStop, Reddit's WallStreetBets unites to adopt 3,500 gorillas

    WallStreetBets group has also donated over $350,000 to the Dian Fossey Gorilla Fund International,

  • Short-sellers made billions from US tech selloff, GameStop inflicts losses: Ortex Mar 09, 2021 10:50 PM IST

    Short-sellers made billions from US tech selloff, GameStop inflicts losses: Ortex

    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.

  • Rise of the retail army: the amateur traders transforming markets Mar 09, 2021 11:30 AM IST

    Rise of the retail army: the amateur traders transforming markets

    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

  • Game on, again: GameStop surges and no one truly knows why Feb 26, 2021 03:12 PM IST

    Game on, again: GameStop surges and no one truly knows why

    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.

  • GameStop's Frankfurt shares surge, overshoot Wall Street rally Feb 25, 2021 03:47 PM IST

    GameStop's Frankfurt shares surge, overshoot Wall Street rally

    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.

  • GameStop shares double after tumbling for much of February Feb 25, 2021 09:38 AM IST

    GameStop shares double after tumbling for much of February

    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.

  • GameStop CFO Jim Bell to step down after Reddit driven stock rally Feb 24, 2021 05:30 AM IST

    GameStop CFO Jim Bell to step down after Reddit driven stock rally

    GameStop said Jim Bell's resignation was not due to any disagreement with the company relating to its operations, including accounting principles and practices.

  • 'Mom, can I buy stocks?' Teachable moments from GameStop Feb 19, 2021 10:12 PM IST

    'Mom, can I buy stocks?' Teachable moments from GameStop

    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.

  • The GameStop battle: How it unfolded for the key players testifying Feb 18, 2021 12:15 PM IST

    The GameStop battle: How it unfolded for the key players testifying

    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.

  • Michael Burry of 'The Big Short' sold his Gamestop stake in December quarter, misses the 2,500% Reddit-fuelled rally Feb 17, 2021 03:04 PM IST

    Michael Burry of 'The Big Short' sold his Gamestop stake in December quarter, misses the 2,500% Reddit-fuelled rally

    Burry was the first investor to foresee and profit from the subprime mortgage crisis that occurred between 2007 and 2010.

  • Key learnings for Indian investors from GameStop Feb 12, 2021 03:56 PM IST

    Key learnings for Indian investors from GameStop

    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

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