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.
Texas AG Ken Paxton Launches Investigation Into Companies That Suspended Stock Trading, Investing: 'It Stinks Of Corruption'Amidst the chaos on Wall Street, Texas Attorney General Ken Paxton said Friday that he has launched an investigation into Discord, Robinhood and various other companies that suspended stock trading this week.
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.
Elon Musk Headed To Texas, More Millionaires And Companies To FollowSilicon Valley also has notoriously high real estate prices. And California has a high personal income tax rate, while Florida and Texas have none.
Tesla CEO Elon Musk Moves To Texas; Seeks To Sell $5B In StockTesla chose Texas in July as the site for its largest auto assembly plant that will employ at least 5,000 workers.
Barbra Streisand Makes George Floyd's 6-Year-Old Daughter A Disney StockholderHollywood icon Barbra Streisand has made George Floyd's six-year-old daughter an official Disney shareholder.
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.
Trading Temporarily Halted After Dow Jones Drops More Than 2,000 PointsThe Dow Jones fell so sharply -- plummeting 1,800 points at the open -- that circuit breakers tripped and trading on the New York Stock Exchange had to be halted.
Charles Schwab To Buy TD Ameritrade For $26 BillionIn a deal accelerated by competition in the online brokerage industry, Charles Schwab is buying rival TD Ameritrade for $26 billion.
As JC Penney Raises Profit Forecast, CEO Tries To Reinvigorate StoresTroubled department store chain J.C. Penney raised its annual profit forecast Friday after reporting narrowed losses.
Low Trading Price Could Get JC Penney Kicked Off New York Stock ExchangePlano-based J.C. Penney Co. is being warned that its stock could be removed from the New York Stock Exchange for trading below $1 for too long.