Reddit

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Reddit

Reddit files to go public

Reddit files to go public Via CNBC.com: Reddit on Wednesday announced that it has confidentially submitted a draft registration statement with the Securities and Exchange Commission to go public. The social media company did not make the filing publicly available. The company also did not say how many shares would be offered nor the price range for the proposed offering. Although Reddit was created in 2005, it has taken a […]

today12/16/2021 1

AMC Entertainment

AMC Entertainment shares shoot up 35% as Reddit traders double down

AMC Entertainment shares shoot up 35% as Reddit traders double down Via CNBC.com: Shares of AMC Entertainment soared again on Thursday as speculative trading activity skyrocketed in the movie theater chain’s stock among Reddit-obsessed day traders. The stock surged as much as 47% Thursday and ended the session 35.6% higher at $26.52, pushing its week-to-date advance to nearly 120%. AMC has overtaken GameStop to become the most-loved stock in the […]

today05/28/2021

GameStop Trading

Robinhood Is Facing Almost 50 Lawsuits over GameStop Trading Frenzy

Robinhood Is Facing Almost 50 Lawsuits over GameStop Trading Frenzy Via Breibart: A recent report from the New York Times states that the stock trading platform Robinhood is facing almost 50 lawsuits directly related to the recent GameStop trading frenzy. The New York Times reports that Robinhood, one of the most popular brokerages for online traders, is currently in talks with securities regulators and other authorities over a number of issues including last month’s major […]

today03/02/2021

GameStop CFO

GameStop CFO To Step Down After Reddit Driven Stock Rally

GameStop CFO To Step Down After Reddit Driven Stock Rally Via Reuters: GameStop Chief Financial Officer Jim Bell will step down next month, the video game retailer said on Tuesday, as it focuses on shifting into technology-driven sales in the wake of headline-grabbing big betting in its stock. GameStop said Bell’s resignation was not due to any disagreement with the company relating to its operations, including accounting principles and practices. […]

today02/23/2021

brokers

Regulators To Meet As Brokers Call Time On Reddit-Trader Rollercoaster

Regulators To Meet As Brokers Call Time On Reddit-Trader Rollercoaster Via Reuters: Hedge funds, small investors and stockbrokers are bracing for tougher U.S. markets regulation, with officials expected to meet this week to assess the fallout from a social media-driven trading frenzy that has roiled stocks and silver prices. Mass buying by amateur traders over the past two weeks has driven wild price gyrations in companies that big U.S. fund […]

today02/03/2021 1

Retail Trading

GameStop, AMC Slide As Retail Trading Frenzy Stalls

GameStop, AMC Slide As Retail Trading Frenzy Stalls Via Reuters:  Shares of videogame retailer GameStop and movie theater operator AMC Entertainment Holdings lost 26% and 13%, respectively, in early pre-market trading on Tuesday. A sharp rally in the stocks of companies at the heart of the battle between amateur investors and Wall Street faltered in the previous session, partly as the action shifted to assets including silver. What Is The […]

today02/02/2021 1

GameStop

YouGov Poll: The Redditors Who Ran Up GameStop Stock Are Viewed As Heroes

YouGov Poll: The Redditors Who Ran Up GameStop Stock Are Viewed As Heroes Via YouGov: This week, a group of individuals on Reddit organized a financial surge for struggling stocks — including GameStop and AMC Theaters — that large investors had overwhelmingly bet against. The Redditors’ ability to manipulate the market against investors has sent Wall Street into turmoilas career money managers faced unexpected losses.   Three-quarters of Americans (77%) have […]

today01/30/2021

Reddit

After Plunge, GameStop And AMC Remain Reddit Darlings

After Plunge, GameStop And AMC Remain Reddit Darlings Via Reuters: GameStop and AMC Entertainment Holdings remained overwhelmingly favored stocks on Reddit’s top trading forum on Thursday, even as they and other companies at the core of a retail trader frenzy plummeted after online brokerages imposed trading restrictions. Data about posts and comments on Reddit’s Wallstreetbets, aggregated on swaggystocks.com, showed GameStop and AMC were by far the most discussed stocks on […]

today01/29/2021

Coronavirus

CRUSADE Shows

The Barrett Brief- Coronavirus Is The Latest Illegal Immigrant

Coronavirus Is The Latest Illegal Immigrant Here is what is happening today in the Brief. First Trump urges calm even as US reports worrisome new virus case. Second, What The AP Thinks You Should Know.   Third, we go across the interwebs. In the first place CDC warns men about facial hair dangers as coronavirus spreads. Not to mention the Latest on coronavirus spreading in China and beyond. Also, Pandemic Intervals Framework. Then Scotland may […]

today02/27/2020 1

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