Meme stocks in reverse as Bed Bath & Beyond slump spooks investorsBed Bath & Beyond Inc's shares extended their plunge, falling 42% to $10.80, after Cohen said a day earlier he had sold his 9.8% stake in t...
19 Aug, 2022, 07.55 PM IST
Ryan Cohen's $60 million Bed Bath u-turn triggers meme stock investor ireThe billionaire investor disclosed on Thursday he had sold his 9.8% stake in the struggling home goods retailer, almost five months after a...
19 Aug, 2022, 02.49 PM IST
Little-known stock’s 32,000% surge ends with $175 billion dropTrading volumes, meanwhile, have also been extremely low for a majority of the past week’s moves. Despite seeing swings of at least 40% in ...
06 Aug, 2022, 03.31 PM IST
Superlatives abound in 26% S&P rally in 2021The most all-time highs in 26 years. Triple-digit rallies in some small caps thanks to retail-trader frenzies. A $1 trillion rout after Chi...
27 Dec, 2021, 06.42 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
US securities regulator suspends trading in three more 'meme stocks'The SEC temporarily suspended trading of Marathon Group Corp , Affinity Beverage Group Inc, and Sylios Corp beginning on Friday and ending ...
19 Feb, 2021, 09.50 PM 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
Robinhood traders have a troubled track record of stock pickingPicking stocks is hard. Almost nobody has an edge, and it’s no mark of shame when a call fails to pan out.
07 Feb, 2021, 09.36 AM 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 giant bubble deflates further after $27 billion routGameStop, the poster child for Redditors looking to squeeze short sellers, plunged 60 per cent Tuesday, and has now erased more than $27 bi...
03 Feb, 2021, 03.02 PM IST
Reddit trades crumble as GameStop, AMC and silver plungeGameStop Corp. sank 23% in US pre-market trading, extending a 31% plunge on Monday. AMC Entertainment Holdings Inc. slid 21% and Express In...
02 Feb, 2021, 05.41 PM IST
Global markets buoyant as US stimulus package debate loomsPositive momentum from Asia carried through to Europe, with the pan-European STOXX 600 edging up 0.9%.
02 Feb, 2021, 04.10 PM IST
How a GameStop share pullback could hurt some investorsShares of GameStop, which had seen a spectacular rally, fell 31 per cent on Monday to close at $225, 53 per cent lower than their Jan 28 pe...
02 Feb, 2021, 03.02 PM IST
Five things to watch in Reddit stocks trading maniaThe populist trading rally, organized in online forums such as Reddit's WallStreetBets, has helped attract a flood of retail cash into stoc...
02 Feb, 2021, 02.30 PM IST
GameStop sinks as shorts interest drops, retail looks elsewhereThe video-game retailer fell for the second time in three sessions as shares of silver miners and AMC Entertainment Holdings Inc. became th...
01 Feb, 2021, 09.29 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
American Airlines lost $8.9 billion in a year of pandemicShares of the Fort Worth, Texas, company surged more than 20% in trading before the opening bell, seemingly part of volatile trading elsewh...
28 Jan, 2021, 07.56 PM IST