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...
04 Jun, 2021, 05.05 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
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
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
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 shares halt slide after Robinhood lifts trading curbs"The WallStreetBets influence is diminishing to a certain extent because there are a lot of people that got burned," said Dennis Dick, head...
06 Feb, 2021, 11.23 AM 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
Silver is the new Gamestop: Price boosted by online movementSilver futures jumped 11% on Monday to about $30 per ounce - an eight-year high - following strong gains over the weekend.
01 Feb, 2021, 10.43 PM IST
How Young India got hooked on to the GameStop storyIt was mostly through memes on subreddit group r/wallstreetbets and Instagram Stories, but market watchers say that a GameStop-like event i...
01 Feb, 2021, 10.31 AM IST
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...
31 Jan, 2021, 02.18 PM IST
Reddit raiders swarm silver stocks as GameStop, BlackBerry retreatShares in video game retailer GameStop Corp, AMC Corp and Blackberry have soared as small investors, organising on social media, have piled...
29 Jan, 2021, 10.27 AM IST
GameStop shows rising power of retail traders, says Reddit co-founderRobinhood Markets Inc. and other online brokerages curbed trading in GameStop and AMC Entertainment Holdings Inc. on Thursday after users i...
29 Jan, 2021, 08.53 AM IST
Is Redditors' GameStop short squeeze a crypto-esque farce?These are obviously existential times for the regulators themselves, not just traders. The SEC’s terse statement was openly mocked on Reddi...
28 Jan, 2021, 06.21 PM IST
GameStop’s wild ride has Indian retail traders joining inThe videogame retailer was among the five most-traded names over the past week on Stockal, a platform for Indian retail investors to trade ...
28 Jan, 2021, 12.05 PM IST
GameStop extends Reddit driven hyper-rally after Elon Musk tweetGameStop surged 50 per cent in extended trade after Elon Musk tweeted "Gamestonk!!", along with a link to Reddit's Wallstreetbets stock tra...
27 Jan, 2021, 02.24 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