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Problems in the plumbing of the financial system were costly for investors in 2021, and a planned upgrade still isn't complete.
Renaissance Technologies, the quantitive hedge fund firm founded by the late investor Jim Simons, bought just over 1 million shares of GameStop, according to a securities filing.
The meme stock rally is fizzling out as shares of both GameStop (GME) and AMC Entertainment (AMC) are falling after two days of massive gains. Financial Analyst and YouTuber Kevin Paffrath joins Marke
On Tuesday night, CEO Vlad Tenev shared on X that Robinhood Markets Inc. HOOD, +2.69% saw $5 billion in equities trading volume that day, one of the biggest days for the online broker in the past 12 m
Pioneering quantitative hedge fund Renaissance Technologies opened a sizable bet on shares of GameStop Corp. GME, -17.52% while adding to its position in AMC Entertainment Holdings AMC, -19.56% during
Meme stocks like AMC and GameStop are surging again, driven by retail investors and the return of "Roaring Kitty" on Reddit. However, this is likely bad news for dividend stocks.
Hedge fund Renaissance Technologies added a new long position in GameStop and significantly increased its position in AMC Entertainment during the first quarter, putting it in position to benefit from
GameStop GME, -31.55% and AMC Entertainment AMC, -22.69% were halted for trading 38 times on Tuesday. One might wonder what good those halts accomplished.
GameStop (NYSE: GME ) stock is experiencing trading halts on Wednesday as the video game retail company's shares retreat from the recent Roaring Kitty rally. These trading halts for GME stock are due
The massive meme stocks rally that caused several stocks to see major increases in price may already be over as the short squeeze of these shares runs out of steam earlier than expected. Wolfe Researc
The two firms had gained more than $11 billion combined in market value since the start of the week.
A top hedge fund built a GameStop stake from scratch last quarter ahead of the meme stock's surge. Renaissance Technologies' 1 million shares were briefly worth $65 million at Tuesday's high.

GameStop, AMC $11 Billion Stock Rally Fizzles Out

10:27am, Wednesday, 15'th May 2024
This week's renewed frenzy around meme-stock favorites GameStop Corp. and AMC Entertainment Holdings Inc. cooled off Wednesday, with shares of the high-risk, heavily shorted companies slumping. Bo
GameStop Corp. experienced a temporary trading suspension on Wednesday due to high volatility, as its shares plummeted by 25% shortly after the market opened. The trading halt was a response to rapid
The dramatic rise of GameStop Corp GME shares, which jumped 118% in just two days, has caught the attention of many again. This surge happened alongside the return of Keith Gill, also known as "Roarin
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