GameStop shares soar AGAIN after CEO George Sherman announces his departure

GameStop Corp’s George Sherman, pictured, will step down as chief executive officer at the end of July, it has been announced GameStop Corp’s George Sherman will step down as chief executive officer at the end of July, it has been announced.   Company shares rose more than 8 per cent before the opening bell on Wall … Read more

Step aside GameStop! Reddit WSB investors adopt 3,500 gorillas

Step aside GameStop! Reddit investors set their sights on saving endangered wildlife by adopting 3,500 gorillas in a week Reddit forum behind GameStop drama ploughs cash into endangered wildlife  Dian Fossey Gorilla Fund and Sheldrick Wildlife Trust benefit from cash boost Reddit-based WallStreetBets forum send GameStop shares soaring this year  By Jane Denton For Thisismoney … Read more

Hargreaves Lansdown cashes in on  Gamestop trading frenzy

Hargreaves Lansdown cashes in on Gamestop trading frenzy as novice investors flock to its platform By Daily Mail City & Finance Reporter Published: 22:01 GMT, 17 March 2021 | Updated: 22:01 GMT, 17 March 2021 Investment platform Hargreaves Lansdown is cashing in on the recent Gamestop trading frenzy in the US. The company said it … Read more

GameStop stock drops by 42% in a day as ‘Reddit rally’ turns to small pharmaceutical companies 

Shares of Reddit favorite GameStop Corp plummeted a further 42 percent on Thursday after selling off sharply all week. It closed at $53.50 a share – a massive drop from their peak at around $483 last week – and continued to fall a further 6 percent after hours. Gamestop shares have already fallen by 84 … Read more

GameStop stock drops by 42% in a day as ‘Reddit rally’ turns to small pharmaceutical companies 

Shares of Reddit favorite GameStop Corp plummeted a further 42 percent on Thursday after selling off sharply all week. It closed at $53.50 a share – a massive drop from their peak at around $483 last week – and continued to fall a further 6 percent after hours. Gamestop shares have already fallen by 84 … Read more

GameStop losses pile up for small investors after the stock plunged 70% in two days

Small investors are nursing their wounds after the collapse of the ‘meme stock’ bubble caught them on the wrong side of the trade, with high-flying GameStop shares plunging 72 percent from Monday morning to Tuesday night. GameStop shares rallied 20 percent at the opening bell on Wednesday as the company announced a new chief technology … Read more

GameStop losses pile up for small investors after the stock plunged 70% in two days

Small investors are nursing their wounds after the collapse of the ‘meme stock’ bubble caught them on the wrong side of the trade, with high-flying GameStop shares plunging 72 percent from Monday morning to Tuesday night. GameStop shares rallied 20 percent at the opening bell on Wednesday as the company announced a new chief technology … Read more

Day of reckoning for the Reddit brigade as Gamestop and silver plunge

Day of reckoning for the Reddit brigade: Gamestop shares plunge and silver slammed into reverse as rebel investors run out of puff By Mark Shapland For The Daily Mail Published: 22:56 GMT, 2 February 2021 | Updated: 22:56 GMT, 2 February 2021 Shares in Gamestop plunged and silver slammed into reverse as rebellious retail investors … Read more

GameStop: January’s top fund Tyndall American profited and sold

The biggest stock market story so far this year is without a doubt the GameStop saga, which saw a struggling US video game retailer’s share price rocket by almost 1,600 per cent.  A battle ensued between short-selling hedge fund managers and a community of traders on Reddit, which drove GameStop shares up from $20 in … Read more

Robinhood CEO reveals NSCC demanded $3BILLION security before company stopped GameStop trades

The CEO of Robinhood has revealed that the clearing house that handles all stock trades, the NSCC, demanded a $3 billion security at 3am in the morning during dramatic negotiations before the company stopped GameStop trades.  Speaking during a virtual event hosted by Tesla CEO Elon Musk, Vladimir Tenev offered an explanation behind his company’s decision … Read more