GameStop Shares Plunge Below $100 As WallStreetBets Traders Face Huge LossesGameStop's stock price cratered on Tuesday, falling 60% to $90 a share. The drop signaled that the popular WallStreetBets Reddit stock market discussion board may be losing its magic.
What The Surge In GameStop Stock Could Mean For YouIndependent investors communicating online started purchasing GameStop shares, driving up the price. AMC Theaters, American Airlines, and Bed Bath & Beyond became hot commodities, too.
Does GameStop's Soaring Stock Indicate A Possible Market Bubble?The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
Surging Stock Market Reflects 'Very Bright Outlook' For Economy, Finance Prof SaysThe stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
Dow Jones Tops 30,000 For First Time Ever As Biden Transition Points To More Stable FutureThe Dow Jones crossed the 30,000 threshold for the first time ever Tuesday, fueled by news that suggests a more stable economy in the near future.
What Do Election Results Mean For A Second Stimulus Package?Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
Market Strategist Warns 'Pain Felt On Main Street Quite Distinct From What's Reflected In Stock Market'In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
Why Horrific Unemployment Numbers Made The Stock Market RiseThe stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
U.S. Could Lose 14 Million Jobs: Are We Entering A Depression?The Federal Reserve of St. Louis estimates the nation's jobless rate could hit a staggering 32% within months.
Financial Experts: No Rash Decisions With 401k During Coronavirus Uncertainty“For most people, the best course of action is sit tight, double buckle the seat belt, keep adding money while stocks are lowering and keep accumulating more shares.”
S&P Trading Halts After Huge Drop And Fed Emergency Rate CutStock trading was halted on Monday after the Federal Reserve's emergency action plan did little to squeal Wall Street's fears of a recession because of the coronavirus pandemic.