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Wallstreetbets

AMC appeals to meme stock investors for its financial future

by Ellen Rolfes
Aug 26, 2022
AMC sells APEs to tap into retail investors’ enthusiasm. Can it evolve beyond the meme?
Traders on the floor of New York Stock Exchange stare up at a screen that shows APE preferred share stock price.
Michael M. Santiago/Getty Images
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Who's going to buy Robinhood stock after an IPO?

by David Brancaccio , Rose Conlon and Erika Soderstrom
Mar 24, 2021
There's no word yet on when the IPO would happen, but Robinhood has filed the confidential plan to go public later this year.
If buying stock on Robinhood is free, how does the company make its money?
Olivier Douliery/AFP via Getty Images
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Is it legal to purposely bankrupt a hedge fund?

by Katherine Wiles
Jan 29, 2021
Hedge fund traders were quick to call foul when Redditors banded together to drive up the price of GameStop stock. But it was probably perfectly legal.
A coordinated effort from Redditors to buy GameStop stock threw the market into a tizzy this week.
Spencer Platt/Getty Images
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