Robinhood shares dive 27.6%; filing sparks worries early investors could sellRobinhood’s shares finished down 27.6% at $50.97 a day after they jumped more than 50%. The company went public on July 29 at $38, with its...
07 Aug, 2021, 10.42 AM IST
What Robinhood's IPO filing says about the Reddit armyCryptocurrencies have been huge for the company. In the first quarter, Robinhood saw over 9.5 million customers trade about $88 billion of ...
02 Jul, 2021, 01.31 PM IST
'Meme stock' rally pauses as Redditors focus on biotech stocksOf the top 10 stocks trending on trading-focused social media site Stocktwits, vaccine developers Novavax Inc and Vaxart Inc were in the th...
14 Jun, 2021, 08.14 PM IST
TD Ameritrade limits trading on AMC EntertainmentTrading in the stock will be limited to clients with own capital on hand and not borrowed funds, TD Ameritrade said.
05 Jun, 2021, 03.42 PM IST
Another GameStop rally kicks off, shorts traders take $673 million hitGameStop and AMC, two wildly popular meme stocks among members of Reddit’s WallStreetBets forum, soared more than 16% and 19% respectively ...
27 May, 2021, 03.11 PM IST
GameStop jumps more than 16% as 'meme' stocks roar higherGameStop’s shares and those of other stocks popular on forums such as Reddit’s WallStreetBets have climbed in recent weeks, a move that has...
26 May, 2021, 07.41 AM IST
New meme stocks swing as shorts and retail investors face off againStocks that have notched big swings this month include laser-manufacturer MicroVision Inc, a favorite on Reddit’s popular WallStreetBets fo...
01 May, 2021, 02.57 PM IST
GameStop soars 32%, leads meme stocks higher with Koss, AMC surging tooShares in video-game retailer GameStop were last up 32.1% at $159.02 with brisk trading volume, erasing much of the previous session's 33.8...
25 Mar, 2021, 10.28 PM IST
Reddit darlings up for a second day; GameStop leadsVideo game retailer GameStop was up 37.9% after closing the regular session up 104% after an unexplained surge on Wednesday, and jumping an...
25 Feb, 2021, 11.08 PM IST
GameStop reignites meme stock frenzy with a $7.6 billion surgeThe surge was spurred by a final-hour rally on Wednesday that brought GameStop its biggest advance since Jan. 29, the day Robinhood Markets...
25 Feb, 2021, 07.21 PM 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
Wanna go in lockstep with Reddit crowd in market? Learn this lingoFor the uninitiated, here is a guide to understanding some common WSB words.
18 Feb, 2021, 05.10 PM IST
Reddit raises $250 million in funding, valuation doubles to $6 billionThe funding round was led by venture capital firm Vy Capital.
09 Feb, 2021, 02.24 PM IST
Reddit value hits $6 billion after users fueled a stock frenzyReddit intends to spend the cash to develop its advertising business, expand internationally and add video tools, the company said in a sta...
09 Feb, 2021, 11.17 AM IST
GameStop races ahead after halt in trading liftedIt also showed the brokerage, which has said its hand has been forced by the surge in market volatility, was maintaining numerical limits o...
30 Jan, 2021, 10.22 AM 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
Wall Street vs Robinhoods: How retail investors brought a hedge fund to kneesWith the pandemic hitting retailers the worst and online gaming gaining popularity in recent years, a company like GameStop that retails vi...
27 Jan, 2021, 09.27 AM IST