Only in 2021. In recent days, Reddit users have driven up shares of much-shorted stocks, especially those of GameStop, a video game retailer. They squeezed hedge funds and enabled massive losses for the likes of Steve Cohen and Dan Sundheim. Now, stock-trading apps such as Robinhood have paused purchases on such shares. “We continuously monitor […]
Investors like the sound of a takeover, with offers sending the stock soaring. Read More
Fortune’s Ellen McGirt reflects on the former Xerox chief’s “Where You Are Is Not Who You Are. ” Read More
