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Reddit will let users buy its IPO, but warns that they could make the stock riskier
Reddit logos Dado Ruvic | Reuters Reddit’s initial public offering will include a quirk that allows some of its most active users to buy the stock. That could make the deal riskier for other investors.…
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Melvin Capital says it plans to unwind funds
Gabe Plotkin, chief investment officer and portfolio manager of Melvin Capital Management LP, speaks during the Sohn Investment Conference in New York, May 6, 2019. Alex Flynn | Bloomberg | Getty Images Melvin Capital Management,…
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Charlie Munger says Robinhood is justly ‘unraveling’ for ‘disgusting’ practices
Berkshire Hathaway Vice Chairman Charlie Munger blasted stock trading app Robinhood on Saturday, saying the company is now “unraveling.” “It’s so easy to overdo a good idea. … Look what happened to Robinhood from its…
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Robinhood HOOD Q1 2022 earnings
Retail brokerage firm Robinhood reported a wider-than-expected loss and shrinking revenue for the first quarter, showing signs that the small-dollar trading boom that captivated Wall Street a year ago may have run out of steam.…
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Bed Bath & Beyond stock jumps on report company received bids for BuyBuy Baby unit
A view of the atmosphere during the Whitney Port & Bundle Organics #MomAsYouAre buybuyBABY product launch on November 17, 2018 in Torrance, California. Randy Shropshire | Getty Images Bed Bath & Beyond‘s shares have jumped…
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GameStop shares soar more than 10% as company plans stock split
GameStop shares surged in extended trading Thursday after the company said it planned to implement a stock split. The video game retailer said it will seek stockholder approval at its next shareholder meeting for an…
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Ryan Cohen scoops up 100,000 more shares of GameStop
NurPhoto | NurPhoto | Getty Images GameStop chairman Ryan Cohen just bought another 100,000 shares of the video game retailer on Tuesday, bringing his ownership to 11.9% as the activist investor tries to push the…
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Ryan Cohen brings an activist approach to Bed Bath & Beyond
Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Company: Bed Bath & Beyond (BBBY) Business: Bed Bath & Beyond runs a chain of retail stores.…
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Stocks making the biggest moves midday: GameStop, Tesla and more
Shoppers wait for a GameStop store to open on at the Tysons Corner Center, in Tysons, Virginia, November 27, 2020. Hannah McKay | Reuters Check out the companies making headlines in midday trading Friday. GameStop…
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GameStop (GME) 3Q 2021 earnings
A person wearing a protective mask exits from a GameStop Corp. store at a mall in San Diego, California, on Thursday, April 22, 2021. Bing Guan | Bloomberg | Getty Images GameStop shares fell more…