The company was reportedly valued at $40 billion in February.
The recent stock market mania over the video game company GameStop, which this week was scrutinized by Congress, has provided a teachable moment for kids.
Key players in stock mania surrounding the video game retailer GameStop will attend a virtual congressional hearing.
Sticking it to the man is a good rallying cry, and it was satisfying to see hedge funds lose billions. But in the end the little guy is going to…
A new, younger, more social-media-savvy cohort has entered the fray from the GameStop mania, a phenomenon that affects brokerage companies and traditional investors.
The last few weeks in financial markets, particularly in equities, have been some for the books.
The recent story of Robinhood and the “short squeeze” on GameStop has raised the question whether Robinhood was doing some squeezing of its own, applied to the delicates of the…
Back around 2007, investor John Paulsen began to feel skeptical about the viability of mortgage securities. Though demand for them was much greater than supply, Paulsen sensed that lending standards…
Reddit-inspired surge in stocks such as struggling video games store and AMC dive as hedge funds close positions.
A slugfest between Wall Street and Main Street took an unexpected turn late on Wednesday after moderators of a stock trading forum