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News Articles: gamestop

Keith Gill testifies during a virtual hearing on GameStop before the House Financial Services Committee on Feb. 18, 2021. GameStop shares surged on Monday after a new X post by Gill.

Tagged as: 

  • Business

GameStop surges after meme stock investor 'Roaring Kitty' resurfaces online

Shares in the video game retailer more than doubled at one point after a prominent meme stock investor made his first online posting in about three years.

May 13, 2024
|
By:
  • Rafael Nam
GameStop's stock continues to baffle market experts.

Tagged as: 

  • Economy

GameStop's stock is on fire once again and here's why

A year after the "meme stock" phenomenon, GameStop continues to perform far above investment experts' predictions.

March 30, 2022
|
By:
  • Jaclyn Diaz
In this image from video provided by the House Financial Services Committee, Vlad Tenev, chief executive officer of Robinhood, testifies during a virtual hearing on GameStop in Washington, D.C., on Feb. 18. Robinhood is facing a range of lawsuits and potential regulary action as it gears up to make its Wall Street debut.

Tagged as: 

  • Technology

The Robinhood IPO Is Here. But There Are Doubts About Its Future

State and federal regulators have launched numbers probes of the popular stock trading app, just as it hopes institutional investors and its own users will buy up its stock.

July 29, 2021
|
By:
  • Bobby Allyn
GPB News NPR

Tagged as: 

  • Business

'I Am Not A Cat ... I Am Not A Hedge Fund': Trader Roaring Kitty Tells Congress

The House Financial Services Committee held a hearing where members probed major players in the GameStop and meme stock story.

February 18, 2021
|
By:
  • Ryan Kailath
Occupy Wall Street participants march down Fifth Avenue in New York on May 1, 2012. Lingering anger over the 2008 global financial crisis has fueled several populist movements, including most recently, the battle waged by amateur investors coordinating in Reddit against hedge funds.

Tagged as: 

  • Economy

'The Game Is Rigged': How Fury Over The Great Recession Fueled The Reddit Trade

The GameStop stock saga has risen into a movement fueled by a wave of emotions from the 2008 global financial crisis that are still raw.

February 10, 2021
|
By:
  • Kat Lonsdorf

Tagged as: 

  • Economy

After GameStop, A Better Way To Take On Wall Street?

Taxes may lack the razzle dazzle of meme-fueled stock rallies. But they might prove a better way to curb Wall Street excesses.

February 09, 2021
|
By:
  • Greg Rosalsky
Day traders on the Reddit community r/WallStreetBets, founded by Jaime Rogozinski, drove up the price of GameStop and other stocks, setting up a standoff with Wall Street.

Tagged as: 

  • Business

Reddit WallStreetBets Founder Calls GameStop Stock Frenzy A 'Symbolic Movement'

Jaime Rogozinski, a former moderator of the now-famous Reddit forum that sent GameStop stock soaring, saw the chaos coming. For too long, Wall Street has been "an invite-only club," he says.

February 01, 2021
|
By:
  • Emma Bowman

Tagged as: 

  • Business

Game Back On: GameStop Stock Rebounds As SEC Warns Against Market Manipulation

The video game retailer's shares shoot up, the online broker Robinhood struggles for cash and securities regulators issue a stern warning for anyone trying to game the market.

January 29, 2021
|
By:
  • Avie Schneider
Shares of GameStop have surged as amateur investors foil hedge funds' efforts to short sell the stock.

Tagged as: 

  • Business

From Elon Musk To AOC, Everybody Has A Tweet About GameStop

Jon Stewart and Ted Cruz are among other high-profile people who took to Twitter to comment on the stock story gripping the country.

January 29, 2021
|
By:
  • Claire Miller
Video game retailer GameStop has seen its stock soar, driven higher by a group of amateur day traders on Reddit, who are taking on Wall Street hedge funds. The frenzy has gotten the attention of regulators and lawmakers.

Tagged as: 

  • Business

GameStop Stock Mania: Why Everyone Is Talking About It And Many Are Worried

GameStop has seen its stock soar, driven higher by a group of amateur day traders on Reddit, who are taking on Wall Street hedge funds. The frenzy has gotten the attention of regulators and lawmakers.

January 29, 2021
|
By:
  • Avie Schneider

Tagged as: 

  • Business

So What Is Short Selling? An Explainer

A primer on what you need to know about short selling as an army of amateur investors battles it out against hedge funds.

January 29, 2021
|
By:
  • Rafael Nam

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