GameStop: Wall Street short sellers are not villains but Reddit traders should be totally free to attack them
There was outrage after Robinhood and other trading apps temporarily suspended buying of the stocks being targeted by the Reddit traders.
There was outrage after Robinhood and other trading apps temporarily suspended buying of the stocks being targeted by the Reddit traders.
Shares in the gaming chain and other stocks like AMC and BlackBerry are soaring once again.
Now that Gen Z has got a taste for financial trading, the whole game has changed.
The question is if and how the regulators can respond.
Dumb Money depicts the real-life GameStop short squeeze that fuelled the ‘meme stock’ trend.
The gleeful manipulation of GameStop’s share price is not the first time amateur investors have created a legitimacy crisis on Wall Street.
Using social media platforms to invest has become so popular that it can have a big impact on markets.
Despite having no real basis as a financial asset, cryptocurrency Dogecoin recently reached a market cap of more than A$12 billion.
Donald Trump’s social media platform, Truth Social, went public on Tuesday March 26. Shares in parent company Trump Media & Technology Group surged 15% after its first day of trading on the Nasdaq…
Another local lockdown, another outbreak of shoppers stockpiling. Fortunately supply chains are now prepared.