Newsfeeds Archive - Page 19 of 319

2 minute read

Movers
News

What’s Going On With BlackBerry Stock Wednesday?

May 15, 12:08 PM

Despite Wednesday's fall, BlackBerry shares are still up more than 10% for the week. The rally got started when Keith Gill, the GameStop Corp (NYSE:GME) trader best known as "Roaring Kitty," posted a simple meme of a person leaning forward in a chair following three years of silence on social media. He has continued posting video clips on X throughout the week.

1 minute read

What’s Going On With Nu Holdings Stock Wednesday?

By Adam Eckert

May 15, 9:28 AM

Nu Holdings reported first-quarter revenue of $2.7 billion, which beat the consensus estimate of $2.49 billion, according to estimates from Benzinga Pro. The company reported quarterly net income of $379 million.

2 minute read

Nio Stock Is Racing Higher Today: What’s Going On?

By Adam Eckert

May 15, 9:26 AM

Nio launched its first vehicle under its new lower cost brand Onvo on Wednesday. The vehicle, called the Onvo L60, is expected to be priced at a lower range to compete with Tesla Inc's Model Y, which is currently the world's top selling electric vehicle.

NIO

2 minute read

Movers
News

What’s Going On With AMC Entertainment Stock Wednesday?

By Adam Eckert

May 15, 9:05 AM

AMC shares are trading lower Wednesday after rallying to start the week. The company announced that it entered into agreements to issue stock in exchange for notes.

AMC

3 minute read

Short Sellers Run Scared As Meme Stocks Roar: Why High Short Interest Stocks Keep Ripping

By Adam Eckert

May 14, 12:49 PM

A multitude of stocks with high short interest ripped higher on Monday and continue to rally on Tuesday. The initial moves higher appear to be due to retail traders rushing into heavily shorted names, but the continued momentum may have more to do with short covering.

AMC

2 minute read

Mullen Automotive Stock Is Racing Higher Tuesday: What’s Going On?

By Adam Eckert

May 14, 10:59 AM

Mullen on Tuesday announced that it received commitments for $100 million in financing from a family office. Additionally, the company said it sold up to $50 million of senior secured convertible notes to family offices and high net worth investors. The company sold such investors $12.5 million in notes on May 14.

MULN

2 minute read

What’s Going On With Tilray Stock Tuesday?

By Adam Eckert

May 14, 10:54 AM

In a new regulatory filing, Tilray said it entered into a private debt-for-equity exchange transaction with an unrelated party. The company expects to issue an aggregate of up to 13.1 million shares in exchange for $19.8 million aggregate principal amount of its 5.25% Convertible Senior Notes due June 1, 2024.

TLRY

1 minute read

Movers
News

What’s Going On With Robinhood Markets Stock Today?

By Adam Eckert

May 14, 9:29 AM

Robinhood shares are trading higher Tuesday. The return of GameStop trader "Roaring Kitty" could potentially drive increased trading activity on the Robinhood platform.

GME

2 minute read

Movers
News

SunPower Stock Is Soaring Tuesday: What’s Going On?

By Adam Eckert

May 14, 9:03 AM

SunPower shares are trading higher Tuesday as high short-interest stocks gain amid the return of trader "Roaring Kitty" to social media. Additionally, the Biden administration raised tariffs on Chinese solar panels.

GME

2 minute read

GameStop Trader ‘Roaring Kitty’ Sparks Wall Street Rally In Heavily Shorted Stocks: What You Need To Know Right Now

By Adam Eckert

May 13, 4:38 PM

The madness in meme stocks on Monday can be traced back to a social media post from Keith Gill, best known as "Roaring Kitty" on YouTube and X or "DeepF***ingValue" on Reddit. Several names with high short interest are ripping higher in the wake of the post. Yes, a simple meme has kicked off a buying frenzy in heavily shorted names.

ABIO