Breaking News as it happens
Following its highly anticipated review into the events surrounding the “meme stock” trading saga in January, the Securities and Exchange Commission determined that the “bullish sentiments” of individual investors on social media platforms like Reddit were primarily responsible for the unprecedented surge in […]
The retail investor frenzy at the stock market and the short squeeze saga involving GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings, Inc. (NYSE: AMC) at the beginning of this year has resulted in a lot of interest in stocks with high […]
Virtu Financial Inc., a powerful trading firm whose business model is under scrutiny in Washington, says it can show U.S. investors how much money it saves them — if regulators let it. Virtu is petitioning the Securities and Exchange Commission […]
AMC Entertainment Holdings Inc AMC +8.86% shares are trading lower amid overall market weakness as stocks across sectors fall on COVID-19 concerns and China’s weakness. Investors also await the Fed’s two-day meeting beginning on Tuesday. AMC is otherwise trading higher […]
Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off. Imagine you had a money-making machine to harvest gains […]
China Evergrande Group is deeply in the red – to the tune of $300bn. And concerns are mounting that if it defaults on its debt, it could spell disaster for China’s property market and send shock waves through the world’s […]
Washington’s top stock market cop is showing no appetite to crack down on the behavior of millions of retail investors who use forums on Reddit and other social media platforms to coordinate investment strategies, sometimes at the expense of established […]
LONDON, July 26, 2021, When a small, ambitious exploration company starts drilling in a 6.3-million-acre onshore oil play, the vultures descend. In the case of Reconnaissance Energy Africa ( RECO; RECAF ), those vultures are in the form of short-sellers who have stooped to dangerously […]
Hedge funds walloped by the meteoric rise of stocks such as GameStop Corp. and AMC Entertainment Holdings Inc. AMC -3.65% in January are still struggling to get out from under those losses. Melvin Capital Management, which lost more than $6 billion in January, is now down 46% […]
It looks like things are becoming increasingly intense between AMC Entertainment (NYSE: AMC) fanatics and the short-sellers they are warring against. Having a tough morning? Reground yourself in fact. 1. Shorts still haven’t covered (doubling down) 2. There’s still a […]
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