My meme-stock fiasco

I like money as much as anybody, and I’m not too pure to chase quick cash, if the opportunity seems plausible. So in 2021, I decided to dabble in the meme-stock craze that was upending Wall Street and...

GameStop’s third-quarter results on deck: What to expect from the meme-stock darling

Meme-stock darling GameStop Corp. reports its third-quarter results after the market closes on Wednesday, with analysts looking for a narrowing loss from the videogame retailer. GameStop GME, -7.12%, ...

GameStop’s Ryan Cohen Wants to Be More Than a Meme-Stock King

Ryan Cohen is the face of an investing revolution that captivated amateur traders, punished Wall Street and favored memes over fundamentals. Many of his other bets belong to a more conservative playbo...

Bankrupt Meme-Stock Favorite Revlon to Be Delisted From New York Stock Exchange

Revlon Inc. shares will be delisted from the New York Stock Exchange after a surge of market interest in the beauty-products supplier following its chapter 11 filing in June. Shares fell 5% on Thursda...

Bed Bath & Beyond Set for Rebound as Meme-Stock Selloff Abates

(Bloomberg) — Bed Bath & Beyond Inc. shares climbed as much as 7% in premarket trading on Tuesday as the seller of home goods beloved by retail investors stages a rebound after three days of...

Here’s why meme-stock manias are bad news for the Nasdaq

CNBC’s Jim Cramer said he’s not shocked by the Nasdaq‘s plunge on Monday, explaining that last week’s Bed Bath & Beyond trading frenzy indicated weakness in the index could...

Bed Bath & Beyond Jumps 30% As Meme-Stock Traders Snap Up Shares Despite Analyst Warnings

Topline Despite analyst warnings about “unrealistic” valuations, shares of Bed Bath & Beyond surged up to 70% on Tuesday as retail investors from Reddit’s WallStreetBets piled into the stock after...

Meme-Stock Investors Are Back! Sort of, Anyway

Individual investors have waded back into the stock market after laying low through the worst of this year’s selloff. But don’t call it a comeback yet.  So-called retail investors in the last two week...

Chicken Soup Completes Redbox Acquisition, Ending a Weird Meme-Stock Tale

Text size A Redbox video rental kiosk. Justin Sullivan/Getty Images Chicken Soup for the Soul Entertainment  has finished its purchase of Redbox , winding up one of this year’s strangest meme-stock ep...

Remember Gamestop? This $300 Billion Memestock Leaves It Miles Behind

Remember GameStop saga or AMC mania? If yes, then here is another meme stock soaring in the market nowadays. Hong Kong-based fintech company AMTD Digital (HKD), which recently got listed on NYSE at th...

Employees Scrambled to Keep Robinhood Afloat in January 2021 Meme-Stock Frenzy, House Report Finds

Robinhood Markets struggled to handle huge volumes of stock trading and sparred with its principal customer, market maker Citadel Securities, during the week in January 2021 when meme stocks exploded,...

Meme-Stock Probe Finds Robinhood Woes Were Worse Than It Let On

(Bloomberg) — Robinhood Markets Inc. faced a more dire situation during the height of last year’s meme-stock frenzy than executives at the online brokerage let on publicly, according to a report...

Day Trader Army Loses All the Money It Made in Meme-Stock Era

(Bloomberg) — It’s ending as fast as it began for retail day traders, whose crowd-sourced daring was the pre-eminent story of pandemic equities. Most Read from Bloomberg Nursing losses in 2022 t...

A New Meme-Stock Frenzy Led AMC to Gold Mine Stake

Day traders looking to capitalize on commodity price volatility catalyzed a chain reaction that ended with movie theater giant AMC Entertainment Holdings Inc.’s unusual deal to take a stake in a gold-...

SEC Response to Meme-Stock Mania Coming Next Week, Gensler Says

(Bloomberg) — The Securities and Exchange Commission is set to consider new stock trading rules in what would be the Wall Street regulator’s most direct response yet to last year’s wild trading ...

The party’s over for AMC and GameStop investors — but the luckier meme-stock winners are now bracing for a massive tax bill

When Jason Gutierrez kept refreshing GameStop’s performance between work tasks during the wild, early days of 2021, he admits future tax obligations weren’t his No. 1 priority. “It was in the back of ...

Novavax, Beyond Meat Jump After Call for a Meme-Stock Rebound

(Bloomberg) — Novavax Inc. and Beyond Meat Inc. jumped alongside other growth-oriented stocks in Monday trading after an Evercore ISI strategist suggested some of the battered meme stocks could ...

Opinion: Warren Buffett is teaching meme-stock players and crypto traders some hard lessons about why market fundamentals still apply

In early 2021, age-old investing principles of business valuation were declared passe by meme-stock buyers, SPAC enthusiasts, and crypto-traders. A new generation of market players declared that Warre...

What next as SoFi joins the meme-stock party?

On Wednesday, news that SoFi Technologies Inc. (BMV:SOFI) had received approval from the Office of the Comptroller of the Currency and the Federal Reserve to purchase Golden Pacific Bancorp Inc. and h...