Articles
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1 week ago |
news.bloomberglaw.com | Tom Maloney |Ben Stupples
GameStop Corp. Chief Executive Officer Ryan Cohen has increased his investment in the video-game retailer, pledging more than half his $1 billion stake to secure a margin loan. The billionaire bought 500,000 shares of GameStop, bringing his position to 37.3 million shares or 8.4% of the company, according to an April 3 filing. Almost 60% of those shares are now pledged with Charles Schwab Corp. to guarantee the loan, according to the filing. GameStop Corp.
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1 week ago |
news.bloomberglaw.com | Tom Maloney
The founder of a brokerage known for its retail trader enthusiasts is benefiting from his company’s own meme stock moment. Webull Corp. shares soared more than 500% in its first two days of trading, giving founder Anquan Wang a $5.2 billion fortune on paper, before paring some of those gains Tuesday morning. Wang’s co-founder, Jun Yuan, owns shares worth an additional $560 million. Webull logo on a laptop computer.
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1 week ago |
bloomberg.com | Tom Maloney |Ben Stupples
GameStop Corp. signage on the floor of the New York Stock Exchange. (Bloomberg) -- GameStop Corp. Chief Executive Officer Ryan Cohen has increased his investment in the video-game retailer, pledging more than half his $1 billion stake to secure a margin loan. The billionaire bought 500,000 shares of GameStop, bringing his position to 37.3 million shares or 8.4% of the company, according to an April 3 filing. Almost 60% of those shares are now pledged with Charles Schwab Corp.
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1 week ago |
news.bloomberglaw.com | Tom Maloney |Ben Stupples
GameStop Corp. Chief Executive Officer Ryan Cohen has increased his investment in the video-game retailer, pledging more than half his $1 billion stake to secure a margin loan. The billionaire bought 500,000 shares of GameStop, bringing his position to 37.3 million shares or 8.4% of the company, according to an April 3 filing. Almost 60% of those shares are now pledged with Charles Schwab Corp. to guarantee the loan, according to the filing. GameStop Corp.
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1 week ago |
bloomberg.com | Tom Maloney
Webull logo on a laptop computer. (Bloomberg) -- The founder of a brokerage known for its retail trader enthusiasts is benefiting from his company’s own meme stock moment. Webull Corp. shares soared more than 500% in its first two days of trading, giving founder Anquan Wang a $5.2 billion fortune on paper, before paring some of those gains Tuesday morning. Wang’s co-founder, Jun Yuan, owns shares worth an additional $560 million.
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RT @ParikPatelCFA: This tariff pause is going to be very bad for the factory I started building last week
"Even if the tariffs are reversed entirely, it’s unlikely the other nations will dismiss this incident and conclude that they have nothing to worry about in terms of relations with the U.S." Always good, but Howard's latest memo is especially interesting. https://t.co/PLcbj2bNr7
RT @RnaudBertrand: To illustrate just how nonsensically these tariffs were calculated, take the example of Lesotho, one of the poorest coun…
