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WALLSTREETBETS SENTIMENT
Krispy Kreme, Go Pro join the meme party: What are meme stocks and how do they work?Reddit-driven retail traders targeted GoPro and Krispy Kreme, causing their shares to surge by 56% and 18% respectively. These so-called me...- Too little, too late: Wall Street traders say Elon Musk’s return to Tesla won’t reverse the damage already doneElon Musk Tesla comeback is making headlines, but Wall Street traders say the damage is already done. After stepping back from his politica...
- GameStop COO Nir Patel steps downGrapevine, Texas-based GameStop and Nir Patel have entered into a separation agreement that also entails a mutual release of claims, the vi...
- GameStop shares fall over 14% as video game retailer faces competition, weak spendingGameStop's shares fell more than 14% on Wednesday, as the brick-and-mortar video game retailer reported a decline in fourth-quarter revenue...
- Reddit shares end trading up 48% in market debutWhile Reddit still relies on advertising for the vast majority of its revenue, it touted AI in its IPO marketing roadshow as an area of gro...
- Reddit shares open 38% above IPO priceThe San Francisco, California-based company priced its IPO at the top end of the $31 to $34 range. The IPO valued Reddit at $6.4 billion, w...
- Reddit set for hotly anticipated debut after pricing IPO at top of rangeSocial media platform Reddit geared up for its high-profile market debut on the New York Stock Exchange on Thursday, in a test of investor ...
- Reddit eyes IPO in second half of 2023: reportReddit and other firms including grocery delivery firm Instacart are keeping their initial public offering paperwork up to date, in prepara...
- Amazon surges as stock split, buyback excite investorsThe company on Wednesday announced a 20-for-1 stock split, its first since 1999, and a $10 billion share buyback. It comes on the heels of ...
- MEME ETF seeks to tap retail investor sentimentThe ETF, which requires regulatory approval, will seek to track the performance, before fees and expenses, of the Solactive Roundhill Meme ...
- 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...
- '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...
- AMC, other 'meme' stocks jump; regulator signals concernThe volatility has challenged analysts, and two of them in the past week have stopped covering video game retailer GameStop, whose shares s...
- AMC, BlackBerry shares slip as 'meme stock' rally fizzlesCinema operator AMC was down about 9.7 per cent in early deals after falling 18 per cent on Thursday as it completed its second share offer...
- AMC shares retreat but end week up 116% after 4-day rallyAfter vaulting to a record high during the session, AMC's shares finished down 1.5% at $26.12. The stock's weekly gain was its largest sinc...
- Gold prices may bounce back towards Rs 50,000 in the medium termGold prices may continue to remain subdued for some more time, as the dollar is expected to be on the stronger side.
- 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...
- View: Cry, cheer or ignore - what should Indian investors do about what is happening to GameStop? Be afraidWhat is it in for us in India? We have to be wary, on several counts. One is the general proposition that stock prices can be totally delin...
- From broker notes to memes: how the stock market went viralThe tongue-in-cheek meme, designed to characterise bullish stock market sentiment when news of Pfizer BioNTech’s successful COVID-19 vaccin...
- Retail darlings dented after Reddit group Wallstreetbets briefly shuts doorsShares of GameStop, AMC Entertainment, Koss Corp and BlackBerry all dropped at least 20% moments after the shuttering of the forum, highlig...
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