Gamestop Stock News

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks. The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets. Using the Benzinga Pro Newsfeed, traders and investors can quickly search for recent news on a stock and make a decision about what a stock might be moving on today. Palantir Technologies (NYSE: PLTR ) Shares are down after the company reported quarterly earnings of 2 cents per share, which missed th consensus estimate of 4 cents. The company reported quarterly sales of $432.87 million, which beat the analyst consensus estimate of $417.69 million by 3.63%. This is a 34.3% increase from the same period last year. NVIDIA (NASDAQ: NVDA ) Shares are trading … Full story available on Benzinga.com

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Loopring wallet is growing a loyal userbase, and the LRC''s value could appreciate upon a GameStop deal and rising popularity but HODLing the token isn''t without risk. The post Loopring Falls 76% — Buy the Dip Before GameStop Deal or Bail Out? appeared first on InvestorPlace . More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” Get in Now on Tiny $3 ‘Forever Battery’ Stock Interested in Crypto? Read This First…

GameStop will be launching its NFT marketplace soon. The platform’s success could be a super bullish catalyst for “apes” and traditional investors alike.

Charlie Munger Says Fiat Currency Going To Zero "Over 100 Years" With weeks to go until the Berkshire Hathaway annual meeting, Warren Buffett''s No. 2 man Charlie Munger held his ''Daily Journal Annual Meeting'' this afternoon with the range of topics as varied as one could possibly imagine. The meeting gave people the opportunity to pick Munger''s admittedly aging brain about everything and anything. The big headline-makers were Munger''s dystopian view of the future of fiat currency, his usual - and escalating - hatred of crypto, and his seeming adoration of China. On the inflationary endgame: Munger says "inflation is a very serious subject. You can argue that it''s the way democracies die… If you overdo it, you can ruin your civilization, so it’s a long-range danger." "The safe assumption for investors is that over the next 100 years, the [fiat] currency is going to zero... that''s my working hypothesis." “Inflation is a very serious subject,” Berkshire Hathaway Vice Chairman & Daily Journal Chairman Charlie Munger says. “You can argue it’s the way democracies die.” More: pic.twitter.com/mZsNhmSmIC — Yahoo Finance (@YahooFinance) February 16, 2022 On Crypto "I''m proud of the fact I''ve avoided it," he said, referring to cryptocurrencies. "It''s like some venereal disease ...

The inquiry gained momentum after the market gyrations of January 2021, when retail investors banded together to squeeze the concentrated short positions in meme stocks like GameStop.

"COVID Exhaustion": People Are "Done Being Told What To Do": Former CBOE Floor Trader Submitted by QTR''s Fringe Finance This is part 2 of an exclusive Fringe Finance interview with former floor trader Ryan Sellers (@OpenOutcrier), where we discuss options trading, trading vs. investing, his outlook on the markets, how the nation and the Fed will navigate 2022 and the state of overall liquidity. Ryan began trading in 2002 on the floor of the Chicago Board of Options Exchange (CBOE) as a market maker in the DJX and SPX pits. In 2005, he joined the proprietary trading firm Trebuchet Financial, where he continued to trade options and equities. In 2014, he began using the @OpenOutcrier Twitter handle to post real-time stock and options trading headlines, breaking news, rumors and strategy. In early 2017, http://openoutcrier.com/ was launched as an extension of the Twitter handle and integrated news platform. The site consists of the OOC Feed, a custom BenzingaPro newswire, chat room, curated social media feed, and searchable archive.

Meme stocks like AMC and GME are beating the market today after investors learned the DOJ was investigating short sellers.

Peabody Energy Corporation (NYSE: BTU ) is the … Full story available on Benzinga.com

Having been around a year since GameStop’s stock gained notoriety through the infamous short squeeze, “meme stocks” continued their rise to prominence throughout 2021 and remain at the forefront of investors’ minds today. According to data collected in a recent Charles Schwab Trader Sentiment Survey, the majority of investors believe meme stocks still have the ability to move markets this year.

The meme stock trio have a habit of bursting higher or tumbling lower as a group.

SEC''s Conclusions About 2021 GameStop Run-Up Are "Misguided", Academics Argue Has the SEC missed the real reasons behind the GameStop squeeze that occurred about a year ago? One group of academics seems to think so. Half a dozen academics from Columbia University and the University of Notre Dame believe that the SEC has failed to examine "relevant securities-lending data and didn’t study a long enough stretch of transactions" when conducting its investigation of the GameStop saga, Bloomberg reported this week. The SEC has previously found that a short squeeze played "little part" in GME skyrocketing "to the moon" about a year ago. The 1000% run up in the stock was widely attributed by social media participants to be a result of bulls going after short sellers, causing shorts to cover at higher and higher prices. But when the SEC released their official findings on the situation last October, they said shorts "only played a minor role". Joshua Mitts, lead author of the study, argues that the SEC''s analysis was erroneous: “The SEC’s October analysis used incomplete data and flawed methods to reach erroneous conclusions regarding the events of January 2021.

Melvin Capital, the hedge fund that got smashed by its bet against GameStop last year, doubled down on bets that benefit from the economic reopening.

Benzingas Daily Brief On Trending Tickers highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks. The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets. Using the Benzinga Pro Newsfeed, traders and investors can quickly search for recent news on a stock and make a decision about what a stock might be moving on today. GameStop (NYSE: GME ): GameStop and its apes are hopeful the recently announced NFT marketplace will be enough to help save the long-term prospects of the company. Advanced Micro Devices (NASDAQ: AMD ): The semiconductor designer finalized Monday the purchase of Xilinx Inc (NASDAQ: XLNX ) in a record chip industry Full story available on Benzinga.com

On Sunday evening, Benzinga asked its followers on Twitter what they’re buying at the open on Monday. From the replies Benzinga selected one ticker for technical analysis. Of the 91 followers who responded, 32 said they''re buying AMC Entertainment Holdings, Inc (NYSE: AMC ) or Vinco Ventures, Inc (NASDAQ: BBIG ). AMC and Vinco Ventures trended across social media for all of 2021 and although the mentions have slowed, there remains a solid foundation of retail traders who stand behind the stocks. On Feb. 9, Robinhood Markets, Inc (NASDAQ: HOOD ) chief brokerage officer Steve Quirk suggested stocks such as AMC and GameStop Corporation (NYSE: GME ) were a passing fad and said the stocks "aren''t even on the top handful of names that are being traded right now." The retail traders who are still holding stocks such as AMC and Vinco Ventures accumulate shares as opposed to trading the stocks, however, which may account for the lower volumes. As well, Quirk … Full story available on Benzinga.

NYSE:GME closed out the week strong despite the broader markets tumbling during Friday’s session. Shares of GameStop gained 1.45% and closed the tradi