Buck Bully
(Bloomberg) — Think it was easy holding on for five months for the meme mafia to finally succeed in jacking AMC Entertainment Holdings Inc. skyward again? Seems like a breeze today. But that’s not how it felt along the way. An AMC bull saddled with the stock at the Feb. […]
[Yahoo! Finance] In January 2021, the rise of retail investing and the subreddit r/WallStreetBets sparked a broader speculative movement in a few stocks that ended up disrupting trading at brokerages and culminating in a Congressional hearing. And after a relatively quiet few months, the so-called meme stocks are back in a big way. The movement’s mascot, GameStop […]
New York (CNN Business) Robinhood received a startling 3:30 am call from its clearinghouse during last week’s Reddit-inspired market chaos asking for the free-trading app to put up a staggering $3 billion, co-CEO Vlad Tenev said Monday. “This was obviously nerve-wracking,” Tenev told Tesla (TSLA) boss Elon Musk during an interview on the platform Clubhouse. […]