GameStop, the beloved stock of retail traders, saw a 12.5% surge in premarket trading on Wednesday, following a strong rally in the previous session. The increase in trading volume is attributed to a broader market recovery, which has piqued interest in speculative investments. Currently, GameStop shares are trading at $15.12, making it the third most …
Traders work on the floor of the New York Stock Exchange (NYSE) on October 20, 2023 in New York City.Spencer Platt/Getty Images S&P 500 will end next year at 5,000, RBC Capital Markets said, joining bullish 2024 views. Strong investor sentiment and buoyant equity valuations will carry the index to a fresh record high. While …
Victoria Parrinello sits inside her father’s booth on the floor of the New York Stock Exchange, November 27, 2015.REUTERS/Brendan McDermid A “baby rally” has unfolded in the stock market that could be the start of a broader year-end rally. That’s according to Fundstrat’s Tom Lee, who highlighted fundamental and technical reasons for a rally. “There …
Tony Xu, co-founder and CEO of DoorDash Inc., smiled during the Wall Street Journal Tech Live conference in Laguna Beach, California, on October 22, 2019. Martina Albertazzi | Bloomberg | Getty Images DoorDash announced on Thursday that it will move its listing from the New York Stock Exchange to the Nasdaq, dealing a potential blow …
WeWork has announced that it will move forward with a 1-for-40 reverse stock split as a means to meet listing requirements. This decision comes shortly after the company expressed concerns over its ability to sustain operations. Since going public through a blank-check merger in October 2021, WeWork shares have experienced a significant decline in value, …