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GAMESTOP HEARING
'Meme' stock prices may not properly reflect demand: NYSE president"In some of the meme stocks that we've seen, or stocks that have a high level of retail participation, the vast majority of order flow can ...17 Jun, 2021, 01.17 PM IST- Nearly all UK financial advisers shun crypto and 'meme stocks': PollMeme stocks - companies whose value is fuelled by social media attention - and digital coins have soared in popularity as stay-at-home rule...16 Jun, 2021, 10.50 PM IST
- Robinhood, a go-to for young traders, benefits from short sale demandThe broker had $1.9 billion in shares loaned out as of Dec. 31, nearly three times the $674 million a year earlier.03 Mar, 2021, 07.27 AM IST
- Meme stock mania alive and well in old Robinhood restricted listNobody would argue that the stress caused when Robinhood cut off trading in the shares was good for its clients or sentiment in general. Bu...21 Feb, 2021, 11.19 AM IST
- WallStreetBets video says it’s ‘time to level the playing field’The four-minute video contrasts media clips from figures such as billionaire Leon Cooperman who decry attacks on the wealthy with posts fro...20 Feb, 2021, 03.08 PM IST
- Robinhood CEO's US lawmaker grilling spotlights broker's hidden risksTenev reiterated in the hearing on Thursday his prior explanation for the move, saying it was dictated not by hedge funds but by a requirem...19 Feb, 2021, 09.56 PM IST
- Robinhood CEO defends actions in GameStop saga at hearingUS lawmakers are examining whether the wild swings in the stock price of the video game retailer exposed conflicts in the market's structur...19 Feb, 2021, 12.10 PM IST
- 100% short selling in a stock. It happened in GameStop frenzyExecutives from trading platform Robinhood and hedge funds Melvin Capital and Citadel will be grilled following the retail-driven trading f...19 Feb, 2021, 09.58 AM IST
- Short-selling under spotlight in GameStop hearingShorting a stock is a bet that the share price will fall.19 Feb, 2021, 09.06 AM IST
- US lawmakers face off with GameStop saga's key playersThe episode has been portrayed as a victory of the little guy over Wall Street titans, but not everyone is buying it. Lawmakers from both p...19 Feb, 2021, 12.05 AM IST
- GameStop rallies after 'Roaring Kitty' gives testimonyKnown on YouTube as "Roaring Kitty" and widely followed on a Reddit trading forum, Gill said he remains bullish on the stock following its ...18 Feb, 2021, 11.35 PM IST
- Should the government try to stop more GameStops?According to plans, members of Congress will seek answers on everything from short selling and market manipulation to short squeezes and th...18 Feb, 2021, 09.58 PM IST
- World market themes for the week aheadRecovery won’t be smooth, but then, oxen are reputed to be strong and patient. In China, too, they are having to be patient -- pandemic-lin...13 Feb, 2021, 04.54 PM IST
- GameStop bubble deflates again, pushing weekly collapse past 80%The video-game retailer tumbled 42 per cent on Thursday to $53.50, erasing nearly $30 billion in market value. Trading volume picked up aft...05 Feb, 2021, 09.01 AM IST
- GameStop’s unraveling accelerates as Redditors pivot to BiotechThe video-game retailer sank 17% and touched this week’s low of $73.88 at 10:40 a.m. in New York as trading volume continued to dry up.04 Feb, 2021, 09.48 PM IST
- Wall Street 'predators' make allies of political foesWhile the broad partisan landscape remains combatively polarized, elected officials from the conservative right to the progressive left are...02 Feb, 2021, 01.15 PM IST
- GameStop pares rally to double digits as retail traders pile inThe stock, face of the retail craze that’s gripped Wall Street and drawn scrutiny from Washington, trimmed intraday gains of as much as 114...29 Jan, 2021, 09.31 PM IST
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