GameStop's shares closed at $90, down from a peak of $483 last week, as other Reddit-fueled stock trades like AMC suffer similar reversals
- Shares of GameStop skidded further before Tuesday's opening bell, with shares of the volatile retail-trader favorite sliding more than 40%, and then extended those losses during market hours.
Robinhood says it raised emergency funding of $1B+ from its existing investors, as it faces an onslaught of demands on its cash amid a stock market frenzy
fed to people who don't exactly thrive on facts — is very much a comms issue. https://www.nytimes.com/... Farhad Manjoo / @fmanjoo : so isn't it a huge problem for their model that they've got to do t...
As Reddit's r/WallStreetBets pushes GameStop's stock to record levels, other stocks mentioned in the subreddit surge, like AMC, which closed up 300%+
Reddit's r/WallStreetBets, which pushed GameStop stock to record levels, is now turning its attention to AMC stock, up 200%, Nokia, BlackBerry, and others
An online tug of war continues — Reddit traders who have successfully profited off GameStop (GME) stock are now turning their attention to struggling movie theater chain AMC.
VideoAmp, which focuses on optimizing cross-platform advertising and whose clients include CBS, AMC, and A+E, raises $70M Series C led by Raine Group
Todd Spangler / Variety :