Noah Centineo ‘starring in upcoming Netflix film chronicling the GameStop stock rise frenzy’

Noah Centineo ‘starring in upcoming Netflix film chronicling the Reddit fueled GameStop stock rise frenzy’ By Christine Rendon For Dailymail.com Published: 21:27 GMT, 1 February 2021 | Updated: 21:27 GMT, 1 February 2021 Noah Centineo will have a ‘major role’ in an upcoming Netflix film chronicling the epic Reddit-fueled rise of GameStop stock. Netflix is … Read more

GameStop: January’s top fund Tyndall American profited and sold

The biggest stock market story so far this year is without a doubt the GameStop saga, which saw a struggling US video game retailer’s share price rocket by almost 1,600 per cent.  A battle ensued between short-selling hedge fund managers and a community of traders on Reddit, which drove GameStop shares up from $20 in … Read more

Robinhood CEO reveals NSCC demanded $3BILLION security before company stopped GameStop trades

The CEO of Robinhood has revealed that the NSCC demanded a $3 billion security at 3am in the morning during dramatic negotiations before the company stopped GameStop trades.  Speaking during a virtual event hosted by Tesla CEO Elon Musk, Vladimir Tenev offered an explanation behind his company’s decision to Thursday to restrict the purchase of GameStop shares … Read more

Ten-year-old investor makes more than $3,000 with 10 GameStop shares

Ten-year-old investor makes more than $3,000 on 10 GameStop shares his mother bought him for $60 as a Kwanzaa gift in 2019 Jaydyn Carr’s mother, Nina, purchased 10 shares of GameStop stock in 2019  She gave them to her son as a Kwanzaa present to teach him about investing That lesson in investing definitely paid … Read more

GameStop winners and losers: Small Reddit investors are up while hedge funds face $19B in losses

The staggering rally of shares in beleaguered video game retailer GameStop is minting new millionaires, and costing hedge funds billions of dollars – at least on paper. GameStop shares rose another 70 percent on Friday in a staggering rally driven by small investors on the online forum Reddit that has seen the stock surge 1,800 … Read more

Should the GameStop frenzy be halted to protect investors? TiM podcast

We publish our podcast every Friday to the player on This is Money, above, and on Apple Podcasts (iTunes) and on the podcast platforms Audioboom and Acast, both of which allow you to listen on desktop, mobile, or download an app. We also now publish to Spotify. To download the Apple Podcasts app if you … Read more

Gamestop shares surge in pre-market trading as Trading 212 lifts its block

Game on again? Gamestop shares jump to brink of $400 in pre-market trading as Trading 212 app lifts its block on the controversial stock The shares moved back up to as high as $393 (£286) in pre-market trading Reddit-fueled meteoric rise was reversed yesterday after Robinhood blocked it UK investors can buy it again through Trading 212 … Read more

Robinhood CEO DEFENDS selling users’ GameStop shares without permission

The CEO of trading platform Robinhood has defended his firm’s highly controversial decision to halt trading of certain stocks on Thursday, insisting it was for the good of customers and the company. Vlad Tenev, a 33-year-old Bulgarian-American businessman, co-founded Robinhood in 2013. On Thursday night he explained why his platform had infuriated users by preventing … Read more

GameStop: FCA warns on market abuse as Reddit fever sweeps UK

Watchdog warns on market abuse and high-risk trading as GameStop fever hits Britain: FCA sounds the alarm on the Reddit vs hedge funds fight GameStop saga continued yesterday, as trading app RobinHood stopped buys Traders piling into shorted stocks have also picked up on beaten-up UK shares FCA said personal investors should take care in … Read more

YouTuber who drove up Gamestop price via Reddit is Boston dad

The Reddit poster and YouTube streamer who caused a Wall Street crisis by driving up the price of GameStop – and boasted about his $47 million gains – is a suburban financial adviser who nicknames himself Mr. Wizard, DailyMail.com can reveal. Keith Gill, 34, is the man behind the Roaring Kitty YouTube streams and the … Read more