state Florida county Pine 2020 mask Coronavirus state Florida county Pine

Investment firms back down after Reddit thread sends GameStop shares soaring

Reading now: 246
www.fox29.com

PEMBROKE PINES, FLORIDA - JULY 21: An exterior view of a GameStop store on July 21, 2020 in Pembroke Pines, Florida. GameStop is among the latest retailers requiring masks to be worn in their stores to control the spread of the coronavirus (COVID-19) In the David and Goliath saga surrounding the struggling retail chain GameStop, Goliath has fallen.

Two Goliaths, actually.A pair of professional investment firms that placed big bets that money-losing video game retailer GameStop's stock will crash have largely abandoned their positions.

The victors: an army of smaller investors who have been rallying on Reddit and elsewhere online to support GameStop's stock and beat back the professionals.One of the two major investors that surrendered,.

Read more on fox29.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Gotabaya Rajapaksa - The economy is recovering, says President during meeting with professionals - newsfirst.lk
newsfirst.lk
83%
243
The economy is recovering, says President during meeting with professionals
COLOMBO (News 1st); President Gotabaya Rajapaksa said that the nature or extent of the challenges will not matter in fulfilling the promises made to the people.He noted that development activities continue in the country while taking necessary steps to control the COVID-19 pandemic.The President also pointed out that the economy, which had been collapsed for nearly two years, is gradually recovering.The President made these remarks participating in the first round of discussions in a series of sessions with professionals representing various fields, held at the President’s House on Friday (11).The professionals who participated in the discussion said that they are further committed to make the national programme a success by giving the necessary strength to achieve the goals desired by the President, said a statement.The professionals vehemently rejected the allegations spread by some sections with the objective of achieving narrow political agendas, the statement added.Experts in the field said that the new approach to agriculture initiated by the President is being continuously supported by the researchers and entrepreneurs who are engaged full time in these fields, further noted the statement.Representatives from a wide range of fields, including education, policy, sociology, agriculture, research, water and renewable energy, medical, engineering and innovation, were present at the discussion with the President.Ministers, State Ministers, Members of Parliament, the Governor of the Central Bank, the Secretary to the President, the Principal Advisor to the President and many others were also present.
DMCA