Pay packages rose yet again last year for the CEOs of the biggest companies, even though the pandemic sent the economy to its worst quarter on record.
The video game retailer shot up nearly 70%, clawing back much of its steep loss from the day before.
Some of Wall Street’s biggest players are crying foul after amateur investors rallied behind GameStop, losing hedge funds billions of dollars. Others say they’ve just been beaten at their own game.
Free trading apps like Robinhood have seen an influx of new users ― and the video game retailer's stock surge is tied into that.
Enjoy the best tweets about the financial fiasco involving GameStop, AMC, BlackBerry, Nokia, hedge funders, and a scrappy Reddit campaign… while it lasts.
The popular stock-trading app stopped purchases of companies like GameStop and AMC Entertainment that have been driven sky-high by people on Reddit.
"For years," the senator said, Wall Street investors have "treated the stock market like their own personal casino while everyone else pays the price."
The video game retailer's stock surged as high as $380 Wednesday morning, after sitting below $18 just a few weeks ago.
Just look at who's running his transition.
If a vaccine for COVID-19 does indeed pan out, analysts say it’s a “game changer” and just what the market had been waiting for.