published: Saturday, May 18, 2020
Photo: Shannon Stapleton (Reuters), Bobby Yip (Reuters), Shannon Stapleton (Reuters), Dado Ruvic (Reuters), Brendan McDermid (Reuters), Illustration: Dado Ruvic (Reuters)
Photo: Shannon Stapleton (Reuters)
Photo: Bobby Yip (Reuters)
Photo: Shannon Stapleton (Reuters)
Roaring Kitty’s return to the internet, an American investor best known for his posts in the subreddit, r/wallstreetbets drove GameStop shares up so sharply that trading was stopped.
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Photo: Dado Ruvic (Reuters)
Looks like meme stocks have returned to the market. A cryptic post on social media gave a big boost to shares in the video game retailer GameStop. After a three-year break, “Roaring Kitty,” an online nickname of American investor Keith Patrick Gill who is credited with igniting GameStop’s massive meme short squeeze in 2020, posted on X. This boosted GameStop’s stock by as much as 110%, and halted trading multiple times.
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Photo: Brendan McDermid (Reuters)
Why Nvidia must deliver Q1 earnings
Steve Sosnick is the chief strategist at Interactive Brokers. He spoke to Quartz in our latest video of “Smart Investing”.
The transcript is below the video. This conversation’s transcript has been edited to make it more concise and clear.
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Illustration: Dado Ruvic (Reuters)
Do you own GameStop stock or AMC? Sell your GameStop or AMC stock now, according to a strategist
Steve Sosnick is the chief strategist at Interactive Brokers. He spoke to Quartz in our latest video of “Smart Investing”.
The transcript is below the video. This conversation’s transcript has been edited to make it more concise and clear.
Read More
Why Nvidia must deliver Q1 earnings
Nvidia will report earnings next week. Steve Sosnick, of Interactive Brokers, believes that the market may turn south if Nvidia doesn’t deliver strong guidance and a beat.
Do you own GameStop stock or AMC? Sell your GameStop or AMC stock now, according to a strategist
Steve Sosnick, Interactive Brokers, explains his concerns regarding the meme stock rally
Source: Quartz