The rise of the retail investor blasts apart conventional wisdom when it comes to stock market valuation, as Tesla, GameStop, and other meme-friendlies show. Read More
Short sellers continue to lose money on betting against the company.
GameStop shares skyrocketed over 100 percent on Wednesday, while an announcement was made that CFO Jim Bell will resign at the end of March. NBC News’ Stephanie Ruhle reports on the latest information.
Shares of GameStop jumped again on Thursday and were halted several times as heavily shorted stocks favored by Reddit traders look set for a resurgence.
GameStop Is Back! Meme Stock Mania Kicks Up Anew
GameStop Seeks New Finance Chief Following Bell’s Departure
The stock market bull run last year paid handsomely, drawing in players from farmers to engineers to the laid off and desperate. Now comes the hangover.
CEO Tenev tells House committee quicker trade settlements would prevent a repeat.
Key Takeaways From the GameStop Hearing