Health insurance technology startup Clover Health saw its share prices surge some 109 percent on Tuesday (June 8) after Redditors talked up the company on forums like r/WallStreetBets, r/stocks and others. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Market swings and the surging prices of meme stocks have caught the attention of the U.S. Securities and Exchange Commission (SEC), Bloomberg reported on Monday (April 7). The SEC is doing a deep dive into the markets for evidence of manipulation and other improper behavior...
GameStop shot up 16 percent in the stock market to $209.43 Tuesday (May 25), Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
AMC rallied for five days on Nasdaq, going up 17 percent on Thursday afternoon (May 13), as investors took to social media with #AMCSqueeze to push up the price of shares, Bloomberg reported on the same day. Get the Full Story Complete the form to...
Companies around the globe are rushing to go public, with the highest deal value in the first three months of 2021 than in the past 20-plus years, the Financial Times reported on Wednesday (April 28). Get the Full Story Complete the form to unlock this...
Online investment adviser Betterment experienced blockbuster growth in the first quarter of this year, indicating that trading apps aren’t the sole beneficiaries of the rise of so-called “meme stocks,” CNBC reported on Friday (April 16). Get the Full Story Complete the form to unlock this...
It almost seems like a set up to a punchline: What do AOC and Ted Cruz have in common? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Shares of DoorDash Inc. slid slightly on their second day of trading, dropping some 7 percent as of approximately noon Eastern Time on Thursday (Dec. 10) to trade at $176.24. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The implosion of major payments player Wirecard AG amid a multibillion-dollar fraud scandal has spurred an overhaul of Germany’s top stock index. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...