Chewy (CHWY) stock rose as much as 30% on Thursday after the X account linked to investor Keith Gill, also known as “Roaring Kitty,” posted a picture of a dog. Posts on Gill’s account have been driving up shares of GameStop (GME) over the past month. While that meme trade had largely gone quiet over
US stocks wobbled on Friday, after a jobs report seen as pivotal to expectations for interest-rate cuts showed much stronger hiring growth than expected. The S&P 500 (^GSPC) rose 0.2%, while the Dow Jones Industrial Average (^DJI) gained 0.3%, coming off a lackluster session Thursday for the three major gauges. The tech-heavy Nasdaq Composite (^IXIC)
A technical glitch on the New York Stock Exchange (NYSE) early Monday resulted in multiple incorrect stock prices and volatility halts. Yahoo Finance’s Ines Ferré reports:The glitch impacted several stocks, most notably a 99.9% drop in the price of Warren Buffett’s Berkshire Hathaway (BRK-A) A-shares. Berkshire Hathaway (BRK-B) B-shares, which trade at 1/1,500th the price
(Bloomberg) — Bitcoin briefly topped $70,000, with crypto investment products seeing inflows for the fourth consecutive week and the latest GameStop frenzy driving memecoin speculation. Most Read from Bloomberg Crypto asset inflows totaled $185 million in the week through May 31, according to CoinShares International Ltd. Investors in May in have sent $2 billion into
GameStop (GME) stock surged on Monday after user “DeepF***ingValue” on Reddit, an account believed to be tied to individual investor Keith Gill — who ignited the meme stock rally back in 2021 — posted a screenshot on Reddit late Sunday that purported to show they’d built a nearly $175 million position in the video game
GameStop stock (GME) tanked more than 25% Wednesday as a rally among meme names showed signs of fading. Shares of the video game retailer are coming off a two-day short squeeze. GameStop stock gained more than 180% in the prior two sessions. AMC stock (AMC) also fell more than 25% Wednesday after the theater chain
The man at the center of the pandemic meme stock craze appeared online for the first time in three years, sending the prices of thee quirky and volatile shares sharply higher Monday. Keith Gill, better known as “Roaring Kitty,” posted an image Sunday on the social platform X of a man sitting forward in his