GameStop Corp.’s stock movement continued to turn efficient market theory on its head Wednesday, streaking to a record that valued the retail chain at more than $ 24 billion. GameStop GME, +134.84% shares rose as much as 157% to an intraday high of $ 380 Wednesday and closed up 135% …
Read More »NewsWatch: ‘Holy smokes, I’m a $TSLA-naire!’ Here’s how quickly Tesla’s wild ride has turned modest investments into seven-figure windfalls
MARKETWATCH FRONT PAGE Tesla shares have exploded for a gain of nearly 700% this year, having gotten a recent boost from joining the S&P 500. But a blockbuster 2020 is merely another chapter in the stock’s volatile journey to eye-popping returns. See full story. My husband and I are planning …
Read More »Market Extra: It’s like the Wild West with the ‘get-rich-crowd’ vs Wall St. pros, but it’s too easy to blame retail investors for ‘rampant speculation’
Tales of out-of-work 20 and 30-somethings using coronavirus-stimulus checks to scoop up stocks on Wall Street with reckless abandon are emerging fast and furiously, but the reasons behind the recent fervor for investing is, perhaps, far simpler. MarketWatch has written a bit about the rise of retail investors of late, …
Read More »