Melvin Capital to Close Funds, Return Cash to Investors
Melvin Capital plans to close its funds and return the cash to its investors, capping a stunning reversal for a firm that lost big on the surge in meme stocks last…
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Robinhood’s Stock Drops 12% After Loss Is Worse Than Analysts Expected
Robinhood Markets Inc.’s
HOOD -6.45%
stock fell 12% in postmarket trading after the brokerage reported a loss of…
WSJ News Exclusive | GameStop Entering NFT and Cryptocurrency Markets as Part of…
GameStop Corp.
GME 1.28%
is launching a division to develop a marketplace for nonfungible tokens and establish cryptocurrency…
SoftBank Latin America Fund Leads $28 Million Atom Finance Funding Round
SoftBank Group Corp.
9984 -0.18%
is investing in startup investing platform Atom Finance, in a bet by the Japanese…
SEC to Review Market Structure as Meme Stocks Stir Frenzy
The Securities and Exchange Commission is considering changes to some of the stock market’s most fundamental rules in light of the surge in trading over the past year by individual investors…
GameStop Remakes C-Suite, Board in Turnaround Push
GameStop Corp.’s
GME 0.85%
named a new chief executive and finance chief, and made
Ryan Cohen
chairman,…