Keith Gill — a.k.a. Roaring Kitty — got slapped with a lawsuit alleging a pump-and-dump scheme involving his GameStop shares.
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Since 2008, funds with a short bias have seen assets decrease to $4.6 billion from around $7.8 billion.
The market appeared yawn-inducing at the broad index level, but there was a flurry of activity under the hood.
Investors are getting activated after a long weekend, but they were still able to push the tech-heavy index to a new peak.
A rare social media appearance by a well-known daytrader boosted GameStop and other stocks that gained popularity during the 2021 craze.
Industry groups representing a coalition of hedge funds havefiled a lawsuit seeking to challenge short selling rules implemented by the SEC.
California was already contending with a home insurance crisis due to unpredictable weather events. Then came this week’s fires.
England had a rude awakening this week, as the United Kingdom was transported back in time to one of the most tumultuous years in its history.
Defined outcome ETFs have long promised virtually risk-free investing, but also place significant caps on potential gains.