The latest leg of the rally, which drove up shares of video game retailer GameStop Corp by 1,600 percent in January, has again been powered by amateur inventors acting in concert to bid up shares of stocks with a high short interest, forcing bearish investors to unwind their bets at a loss.AMC, BlackBerry shares jump as Reddit rally powers on
The latest leg of the rally, which drove up shares of video game retailer GameStop Corp by 1,600 percent in January, has again been powered by amateur inventors acting in concert to bid up shares of stocks with a high short interest, forcing bearish investors to unwind their bets at a loss.
Subscribe to:
Post Comments (Atom)
-
Huawei faces international scrutiny over its ties with the Chinese government and suspicion that Beijing could use Huawei#39;s technology f...
-
The bank plans to raise up to Rs 500 crore by issue of equity shares to qualified institutional buyers through qualified institutional plac...
-
In July, HCL Technologies had announced a Rs 4,000 crore buyback programme for FY19 at a price of Rs 1,100 per equity share.
No comments:
Post a Comment