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GameStop Fame's Roaring Kitty To Congress: 'In Short, I Like The Stock'
Thursday, February 18, 2021 - 3:00am | 466Read More...Keith Patrick Gill, a key investor from the Reddit forum r/WallStreetBets better known by his username “Deep F---ing Value,” is set to defend his role in the rally of GameStop Corp (NYSE: GME). What Happened: Gill, popular among his YouTube fans as "Roaring...
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SEC Considers Requiring More Transparency From Short Sellers After GameStop Saga: WSJ
Thursday, February 18, 2021 - 1:37am | 553Read More...The recent frenzied-movements in so-called meme stocks like GameStop Corp (NYSE: GME) are causing the apex market regulator to consider ushering in more transparency in short trades, the Wall Street Journal reported Wednesday. What Happened: The United States Securities and Exchange Commission, now...
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$1,000, 5 Years Later: Valeant's Wild Ride To Bausch Health
Tuesday, February 16, 2021 - 4:24pm | 562Read More...Investors who have owned stocks since 2016 generally have experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return in the last five years is 131.9%. But there is no question some big-name stocks performed better than others along the way. Valeant’s Downfall: One...
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92 Biggest Movers From Yesterday
Wednesday, February 10, 2021 - 6:16am | 3426Read More...Gainers Applied UV, Inc. (NASDAQ: AUVI) shares surged 280.5% to close at $19.71 on Tuesday. The company earlier announced closing on acquisition of Akida Holdings for 1.375 million shares and $901,274.96 in cash. Cloopen Group Holding Ltd. ADR (NYSE: RAAS) gained 200% to close at $48.00 after the...
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5G Space SPAC Target Jumps On Citron's $50 Target: 'Why Not Go With One With A $1 Trillion TAM'
Tuesday, February 9, 2021 - 4:15pm | 393Read More...A SPAC merger announced in December is getting attention from Citron Research as the best space story in the market. What Happened: Citron Research tweeted that the most compelling space/5G/ESG story in the market is New Providence Acquisition Corp (NASDAQ: NPA), a SPAC taking AST &...
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AMC Major Stakeholder Wanda Converts Stock To Allow For Sale Amid WallStreetBets Frenzy
Monday, February 8, 2021 - 2:58am | 486Read More...A major Chinese investor in AMC Entertainment Holdings Inc (NYSE: AMC) converted its shares in the cinema operator in order to be able to sell them, according to a filing with the U.S. Securities and Exchange Commission. What Happened: Wanda America Entertainment Inc, a unit of Beijing-...
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GameStop Short Selling Reduces By Over Half: Report
Tuesday, February 2, 2021 - 1:39am | 463Read More...Short selling activity in the shares of GameStop Corp (NYSE: GME) is slowing down as traders move to cover their bets, according to analytics company S3 Partners, Reuters reported Monday. What Happened: The video game retailer’s 27.13 million shares were shorted in the week, which is 35...
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'This Is Not The Market Participant's Problem': Volatility Arbitrage Trader Talks GameStop, Market Microstructure, Regulation
Monday, February 1, 2021 - 6:13pm | 1560Read More...In 2019, former financial professional Keith Gill, who goes by “Roaring Kitty” on Reddit, began a movement that pushed GameStop Corporation’s (NYSE: GME) stock price as high as $513.12 in premarket trade Jan. 28, after which numerous brokers made the controversial decision to...
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Why Conversion Labs Stock Is Trading Higher Today
Monday, February 1, 2021 - 5:03pm | 127Read More...Conversion Labs (NASDAQ: CVLB) shares are trading higher Monday after Capital Market Laboratories (CML Pro) on Saturday added the company as a company to watch. Citron Research also said said it was long CVLB "and said it's "[n]ew presentation [is] compelling." Conversion Labs is...
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Melvin Lost 53% in January, Hurt by GameStop, Other Bets
Sunday, January 31, 2021 - 4:02pm | 317Read More...The hedge fund Melvin Capital, which has been at the heart of the GameStop frenzy, lost about 53% in January, The Wall Street Journal has reported. What Happened: Founded in 2014 by Gabe Plotkin, a former portfolio manager for Steve Cohen, Melvin ended January with more than $8...
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Robinhood's User Agreement Likely Protects It From Lawsuits: Reuters
Saturday, January 30, 2021 - 1:39pm | 430Read More...Robinhood is likely protected by its user agreements from potential lawsuits in the wake of the actions the platform took this week. What Happened: That's according to legal experts spoken to by Reuters. They pointed to language in the user agreement that says Robinhood “may at any time,...
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Benzinga's Bulls And Bears Of The Week: Apple, Boeing, Netflix, Starbucks And More
Saturday, January 30, 2021 - 12:47pm | 1211Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. The week's bullish calls included tech giants and an aerospace turnaround play. Electric vehicle and video streaming leaders were among the bearish calls seen. The three big U.S. indexes ended the week...
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Fintech Focus Roundup For January 30, 2021
Friday, January 29, 2021 - 8:12pm | 1497Read More...A Short Seller Joins Benzinga's 'Power Hour' To Talk GameStop. The Rest Is History. On Jan. 21, Citron Research's Andrew Left went live with Benzinga’s Luke Jacobi and Jason Raznick on the daily "Power Hour" show to discuss his opinion on GameStop Corporation. After...
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Better Christmas Present: New Video Game Or GameStop Stock?
Friday, January 29, 2021 - 2:10pm | 417Read More...Many new video games come out during the holiday season, making them popular gifts. Not many parents, however, could have imagined that stock might have been a better present. What Happened: The video game sector saw record sales of $7.7 billion in December, up 25% year-over-year...
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A Short Seller Joins Benzinga's 'Power Hour' To Talk GameStop. The Rest Is History.
Friday, January 29, 2021 - 1:32pm | 1523Read More...The fervor of the crowd versus Wall Street commenced during one of Benzinga's live shows. On Jan. 21, Citron Research's Andrew Left went live with Benzinga’s Luke Jacobi and Jason Raznick on the daily "Power Hour" show to discuss his opinion on GameStop Corporation (NYSE:...













