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Nalezeno "financial markets": 14

Pet Food Tycoon's Takeover Of GameStop Is Nearly Complete


Ryan Cohen, co-founder of online pet food company Chewy and favorite of the chaos engine that is the WallStreetBets reddit, will take over as GameStop chairman following the company’s annual shareholder meeting in June.Read more

Mister DeepFuckingValue Goes To Washington


History was made today when Reddit user DeepFuckingValue, who goes by Roaring Kitty on YouTube, opened his Congressional testimony in a hearing about GameStop stock by specifying, for the literal record, that he is not actually a cat.Read more

Even The Justice Department Is Looking Into The GameStop Stock Fiasco


While the dust starts to settle around GameStop’s meme stock phenomenon, investigations into the hedge funds, trading platforms, and the Reddit community that fueled it are just getting started. Many people have already lost a lot of money, but even more could be on the line if lawmakers...

GameStop Stock Is Starting To Go Bust


After soaring for more than a week, GameStop’s stock has plummeted back down to earth, sinking below $100 a share several times today, a drop-off of more than $200 from last week. Read more

GameStop Stock Drama Continues As Price Soars And Hedge Fund Blinks


GameStop’s stock price continued to soar in after-hours trading last night to over $300. While many are waiting for it to come crashing back down, it might be too late for some major hedge funds. With the stock still sitting at well over $250 a share (unthinkable just last year when it was trading...

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