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WallStreetBets

Robinhood shares dive 27.6pc

Robinhood shares dive 27.6pc

Published 09 Aug, 2021 05:05am
NEW YORK: Shares of Robinhood Markets Inc tumbled on Thursday, snapping a four-day winning streak, after the newly...
AMC stock drops 33pc as movie chain sets another share sale

AMC stock drops 33pc as movie chain sets another share sale

Published 03 Jun, 2021 08:55pm
  • AMC's shares traded 33.4% lower on Thursday at $41.10 after the company said it agreed to sell up to 11.55 million of its shares from time to time in an at-the-market program. A wave of buying from retail investors had helped AMC's share price nearly double to a record close of $62.55 in the prior session.
GameStop shares rise in early trade before being halted

GameStop shares rise in early trade before being halted

Published 25 Feb, 2021 08:13pm
  • The stock hit $160 at the open before being halted after several minutes of trading. Shares were changing hands at around $129 before the second halt.
  • A short squeeze takes place when the price of a heavily shorted stock rises sharply, forcing short-sellers who had bet against the stock to buy it at those prices to avoid further losses.
GameStop situation unlikely in France, says market regulator

GameStop situation unlikely in France, says market regulator

Published 12 Feb, 2021 06:23pm
  • "It is improbable in France and Europe, but it is a situation to which we have to pay close attention," AMF head Robert Ophele told Boursorama TV.
  • Investors who followed popular Reddit forum WallStreetBets helped push GameStop shares to a closing high of $347.51 on Jan. 27.
Oil on the boil, stocks and bonds toil

Oil on the boil, stocks and bonds toil

Published 04 Feb, 2021 05:44pm
  • World shares drop after 3-day gains, retail frenzy slows.
  • Oil at 1-year high on OPEC+ output cut.
  • Benchmark bond yields rising, curves steepening.
  • Volatility index falls to regular levels.
  • Stealth China policy tightening in focus.
A tulip by another name? 'Gamestonk' and the case for investor caution

A tulip by another name? 'Gamestonk' and the case for investor caution

Published 30 Jan, 2021 05:12pm
  • Now, almost exactly 385 years and another pandemic later, Wall Street waits to see how long it will take for history to repeat itself.
  • The stock price rally to above $300 per share has emboldened some small investors to pour even more money into a company.
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