Tag: stock market

  • SEC names Twitter user @AlexDelarge6553 in stock market pump and dump scheme

    SEC names Twitter user @AlexDelarge6553 in stock market pump and dump scheme

    Investing has always been challenging, especially for amateurs. Scammers are everywhere. As time has progressed, they have become bolder than ever. Such is the recent case of Steven Gallagher, who was recently caught the attention of the US Securities and Exchange Commission for using social media – mainly Twitter – to run what the government […]

    Investing In The Stock Market For T...
    Investing In The Stock Market For The Individual Investor 2020
  • Twitter Q3 EPS beats estimates

    Twitter Q3 EPS beats estimates

    Twitter’s third-quarter earnings report is out and it’s a mixed bag. The social media giant reported earnings per share of $0.18. That was enough to beat analyst estimates of $0.15 for the quarter. Meanwhile, revenue barely missed the mark. Revenue for the quarter came in at $1.284 billion, slightly below analyst expectations of $1.285 billion, […]

  • Roblox valued at nearly $40 billion after IPO

    Roblox valued at nearly $40 billion after IPO

    The company behind the free-to-play game Roblox is off to a strong start on Wall Street. Today’s initial public offering saw the stock – which is listed as RBLX – close up nearly 55 percent to $69.50 per share on Wednesday. At one point during the day, the stock traded at nearly $75 per share. […]

  • AMC shares shoot up as Cuomo moves to reopen New York movie theaters

    AMC shares shoot up as Cuomo moves to reopen New York movie theaters

    AMC shares shot up 18 percent and have rallied another 13 percent in aftermarket trading so far on Wednesday. New York Governor Andrew Cuomo has announced that movie theaters can reopen at 25 percent capacity starting next week. New York City is among the most profitable markets for the nation’s largest theater chain. AMC was […]

  • Robinhood app freezes GameStop and AMC stocks; trading to resume tomorrow

    Robinhood app freezes GameStop and AMC stocks; trading to resume tomorrow

    Robinhood will allow “limited buying” of GameStop and AMC tomorrow, the company announced late Thursday. The soaring GameStop stock took a hit on Thursday as the free trading platform Robinhood froze the stock along with AMC. GameStop‘s stock – which traded as low as $2.80 in April 2020 – peaked at $467 this morning as […]