GameStop


It’s back! GameStop shares double on renewed retail buying

It’s back! GameStop shares double on renewed retail buying

(ATF) GameStop shares more than doubled in afternoon trading on Wednesday February 24 in a surprise revival of buying interest after a frenzy of retail investor interest in the stock seemed to have peaked in late January.GameStop shares were up 60% after US trading hours at around $146, following a …

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GameStop hearing gives Trump loyalist a chance to attack Webull

GameStop hearing gives Trump loyalist a chance to attack Webull

(ATF) A US Congressional inquest into recent volatility in GameStop and other stocks popular with retail investors gave politicians a wider audience than usual for a committee hearing. Representative Lee Zeldin, a Republican backer of former president Trump, took the opportunity to attack Chinese-owned broker Webull and warn about dangers …

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Asia's army of small investors takes on short-sellers, GameStop style

Asia's army of small investors takes on short-sellers, GameStop style

(ATF) Asia's retail investors, emboldened by the meteoric rise of video-game retailer GameStop, are joining their online US counterparts and taking on short sellers and making their brokers nervous enough to cut off margin lending.In South Korea, small investors known as "ants" have borrowed so much money to dabble in …

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Robinhood sparks controversy with trading limits, Korean fund opts out

Robinhood sparks controversy with trading limits, Koreans opt out

(ATF) US online brokers such as Robinhood and Interactive restricted trading on Thursday in stocks that surged on the back of retail buying coordinated on Reddit. The move sparked controversy in the US, and came as it emerged South Korean fund MUST closed a long GameStop position.GameStop, the company whose …

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Top Glove joins Reddit surge as GameStop rebounds

Top Glove joins Reddit surge as GameStop rebounds

(ATF) Top Glove, the Malaysian latex glove maker, saw its stock rise over 8% on Friday January 29 after a Reddit forum called BursaBets pitched the firm as a successor to GameStop to rally. GameStop has seen another surge in overnight US dealing after Robinhood relaxed limits on trading.GameStop stock …

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Asia could be next as Reddit squeeze on hedge-fund shorts goes global

Asia could be next as Reddit squeeze on hedge fund shorts goes global

(ATF) Retail traders who take a cue from Reddit’s “Wallstreetbets” thread made further gains against short-selling hedge funds Citron and Melvin on Wednesday January 27, but US regulators may clamp down on trading posts on social media.The success of this week’s retail assault on short positions in GameStop has prompted …

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