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Page 2 - Reddit

GameStop jumps nearly 19%; 'meme stocks' fade after another wild ride

"The power of the "three R's" (Robinhood, Retail, Reddit) are back in play," said Neil Campling, head of technology research at Mirabaud Securities

GameStop jumps nearly 19%; 'meme stocks' fade after another wild ride
Updated On : 26 Feb 2021 | 6:58 AM IST

GameStop rally builds after puzzling ice-cream cone tweet

The sharp moves surprised the market, which thought the excitement behind the recent Reddit-fueled rally had died down

GameStop rally builds after puzzling ice-cream cone tweet
Updated On : 25 Feb 2021 | 7:40 PM IST

Reddit suffers major outage as GameStop shares soar 100%

Online discussion forum Reddit suffered a major outage and users were unable to load the website that showed a blank white page for nearly an hour.

Reddit suffers major outage as GameStop shares soar 100%
Updated On : 25 Feb 2021 | 10:57 AM IST

GameStop stock doubles in afternoon up by 60%; even Reddit is surprised

GameStop shares were up 60% after hours at around $146, following a 103% rise during the day's trading

GameStop stock doubles in afternoon up by 60%; even Reddit is surprised
Updated On : 25 Feb 2021 | 6:37 AM IST

GameStop stock doubles in afternoon; even Reddit is surprised

NEW YORK (Reuters) - GameStop Corp shares more than doubled in afternoon trading on Wednesday, surprising those who thought the video game retailer's stock price would stabilize after recent hearings in the U.S. Congress into the fierce rally and steep dive that upended Wall Street in January.

GameStop stock doubles in afternoon; even Reddit is surprised
Updated On : 25 Feb 2021 | 3:26 AM IST

GameStop finance head to step down as company shifts into tech-driven sale

GameStop said Bell's resignation was not due to any disagreement with the company relating to its operations, including accounting principles and practices

GameStop finance head to step down as company shifts into tech-driven sale
Updated On : 24 Feb 2021 | 6:42 AM IST

Robinhood, hedge funds, Roaring Kitty defend Gamestop move ahead of hearing

Last month's Reddit rally drove massive volatility in GameStop and other shares, prompting the post-trade "clearing" houses that guarantee trades to call for billions of dollars in collateral

Robinhood, hedge funds, Roaring Kitty defend Gamestop move ahead of hearing
Updated On : 18 Feb 2021 | 6:37 AM IST

Roaring Kitty to testify on GameStop alongside hedge fund managers

The witness list was announced on Friday by Congresswoman Maxine Waters and includes Keith Gill, who also goes by Roaring Kitty

Roaring Kitty to testify on GameStop alongside hedge fund managers
Updated On : 14 Feb 2021 | 7:13 AM IST

How GameStop missed out on capitalising on the Reddit-fueled rally

GameStop's market value soared from $1.4 billion on Jan. 11 to a peak of $33.7 billion on Jan. 28

How GameStop missed out on capitalising on the Reddit-fueled rally
Updated On : 11 Feb 2021 | 9:47 PM IST

Reddit forums turn to cannabis industry as stocks surge new highs

Swaggystocks, which aggregates sentiment on shares talked about in the WallStreetBets forum, showed Tilray was the most upvoted stock in the group

Reddit forums turn to cannabis industry as stocks surge new highs
Updated On : 10 Feb 2021 | 10:15 PM IST

Reddit raises $250mn in Series E funding, now has over 50 mn daily users

Online public discussion platform Reddit has raised $250 million in the new Series E funding round.

Reddit raises $250mn in Series E funding, now has over 50 mn daily users
Updated On : 09 Feb 2021 | 10:59 AM IST

Reddit's valuation doubles to $6 billion after new $250 million funding

The social media company was valued at $3 billion following a funding round in February 2019

Reddit's valuation doubles to $6 billion after new $250 million funding
Updated On : 09 Feb 2021 | 8:25 AM IST

Quest for Hollywood fame splits Redditors fuelling market frenzy

The WallStreetBets fight is the latest twist in the saga of an online army of investors who have roiled Wall Street over the past 10 days

Quest for Hollywood fame splits Redditors fuelling market frenzy
Updated On : 06 Feb 2021 | 2:39 AM IST

Robinhood lifts trading restrictions on all stocks, including GameStop

Robinhood's website showed that the trading limit on GameStop's shares was set at 500, while for AMC the limit was set at 5,500 shares

Robinhood lifts trading restrictions on all stocks, including GameStop
Updated On : 05 Feb 2021 | 9:38 AM IST

Yellen seeks to understand GameStop frenzy as market regulators meet

The core infrastructure of financial markets had proven resilient during the high volatility and heavy trading volume around GameStop and other stocks

Yellen seeks to understand GameStop frenzy as market regulators meet
Updated On : 05 Feb 2021 | 8:00 AM IST

Keith Gill under investigation: GameStop dips as regulators raise scrutiny

Analysts at Barclays Capital wrote that the GameStop episode is "a wake-up call that is likely to permanently affect the business models of institutional investors

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Updated On : 05 Feb 2021 | 6:52 AM IST

'Reddit rally' stocks bounce on day after selloff, then dip after hours

The so-called "Reddit rally" cooled again in after hours trade, as GameStop and AMC Entertainment, the main targets hyped on investment forums, fell

'Reddit rally' stocks bounce on day after selloff, then dip after hours
Updated On : 04 Feb 2021 | 10:53 AM IST

No heroes or villains on Wall Street

The problem with treating the GameStop saga as an Occupy Wall Street movement 2.0 is that it ignores some fundamental differences

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Updated On : 03 Feb 2021 | 10:57 PM IST

Reddit trading frenzy fades as US Treasury's Yellen summons agencies

Small investors' participation in stock markets has exploded over the past year

Reddit trading frenzy fades as US Treasury's Yellen summons agencies
Updated On : 03 Feb 2021 | 4:36 PM IST

Robinhood raising more debt to fulfill Reddit-fueled order frenzy: Report

The capital raised would be separate from the $3.4 billion in financing that Robinhood announced on Monday it had secured from its investors since Jan. 29

Robinhood raising more debt to fulfill Reddit-fueled order frenzy: Report
Updated On : 02 Feb 2021 | 8:37 AM IST